Appealing a Property Value Assessment

[joec]

This is pretty interesting. Out of curiosity, do they do the higher assessment to raise more revenue or is it a power trip thing for the assessors?

[bearishgurl]

[quote=joec]This is pretty interesting. Out of curiosity, do they do the higher assessment to raise more revenue or is it a power trip thing for the assessors?[/quote]

None of the above, joec, it’s automatic in keeping with Prop 13. Your assessment will be raised 2% per year unless you fight it (or unless the assessor has automatically lowered it [temporarily]) as they have many in hard-hit areas.

[bearishgurl]

[quote=joec]This is pretty interesting. Out of curiosity, do they do the higher assessment to raise more revenue or is it a power trip thing for the assessors?[/quote]

None of the above, joec, it’s automatic in keeping with Prop 13. Your assessment will be raised 2% per year unless you fight it (or unless the assessor has automatically lowered it [temporarily]) as they have many in hard-hit areas.

[bearishgurl]

[quote=joec]This is pretty interesting. Out of curiosity, do they do the higher assessment to raise more revenue or is it a power trip thing for the assessors?[/quote]

None of the above, joec, it’s automatic in keeping with Prop 13. Your assessment will be raised 2% per year unless you fight it (or unless the assessor has automatically lowered it [temporarily]) as they have many in hard-hit areas.

[bearishgurl]

[quote=joec]This is pretty interesting. Out of curiosity, do they do the higher assessment to raise more revenue or is it a power trip thing for the assessors?[/quote]

None of the above, joec, it’s automatic in keeping with Prop 13. Your assessment will be raised 2% per year unless you fight it (or unless the assessor has automatically lowered it [temporarily]) as they have many in hard-hit areas.

[bearishgurl]

[quote=joec]This is pretty interesting. Out of curiosity, do they do the higher assessment to raise more revenue or is it a power trip thing for the assessors?[/quote]

None of the above, joec, it’s automatic in keeping with Prop 13. Your assessment will be raised 2% per year unless you fight it (or unless the assessor has automatically lowered it [temporarily]) as they have many in hard-hit areas.

[bearishgurl]

pemeliza had a very similar recent problem to the OP’s here. As I recall, she CAME CLOSE to appealing but put the comps in front of the County appraisers and it didn’t take that long for them to come around.

http://piggington.com/reos_prop_13_and_tax_assessment%E2%80%8E

IMO, as long as you didn’t expand your house’s “footprint” with your remodel, I do not believe it will affect it’s assessed value. EconProf is correct in that the County Assessor PRIMARILY goes by sf of any existing structure on the premises when assessing properties.

I DID have a successful stipulation in lieu of a hearing and the next year the assessor VOLUNTARILY lowered my assessment to my satisfaction (so not worth going thru the procedure again at present).

[bearishgurl]

pemeliza had a very similar recent problem to the OP’s here. As I recall, she CAME CLOSE to appealing but put the comps in front of the County appraisers and it didn’t take that long for them to come around.

http://piggington.com/reos_prop_13_and_tax_assessment%E2%80%8E

IMO, as long as you didn’t expand your house’s “footprint” with your remodel, I do not believe it will affect it’s assessed value. EconProf is correct in that the County Assessor PRIMARILY goes by sf of any existing structure on the premises when assessing properties.

I DID have a successful stipulation in lieu of a hearing and the next year the assessor VOLUNTARILY lowered my assessment to my satisfaction (so not worth going thru the procedure again at present).

[bearishgurl]

pemeliza had a very similar recent problem to the OP’s here. As I recall, she CAME CLOSE to appealing but put the comps in front of the County appraisers and it didn’t take that long for them to come around.

http://piggington.com/reos_prop_13_and_tax_assessment%E2%80%8E

IMO, as long as you didn’t expand your house’s “footprint” with your remodel, I do not believe it will affect it’s assessed value. EconProf is correct in that the County Assessor PRIMARILY goes by sf of any existing structure on the premises when assessing properties.

I DID have a successful stipulation in lieu of a hearing and the next year the assessor VOLUNTARILY lowered my assessment to my satisfaction (so not worth going thru the procedure again at present).

[bearishgurl]

pemeliza had a very similar recent problem to the OP’s here. As I recall, she CAME CLOSE to appealing but put the comps in front of the County appraisers and it didn’t take that long for them to come around.

http://piggington.com/reos_prop_13_and_tax_assessment%E2%80%8E

IMO, as long as you didn’t expand your house’s “footprint” with your remodel, I do not believe it will affect it’s assessed value. EconProf is correct in that the County Assessor PRIMARILY goes by sf of any existing structure on the premises when assessing properties.

I DID have a successful stipulation in lieu of a hearing and the next year the assessor VOLUNTARILY lowered my assessment to my satisfaction (so not worth going thru the procedure again at present).

[bearishgurl]

pemeliza had a very similar recent problem to the OP’s here. As I recall, she CAME CLOSE to appealing but put the comps in front of the County appraisers and it didn’t take that long for them to come around.

http://piggington.com/reos_prop_13_and_tax_assessment%E2%80%8E

IMO, as long as you didn’t expand your house’s “footprint” with your remodel, I do not believe it will affect it’s assessed value. EconProf is correct in that the County Assessor PRIMARILY goes by sf of any existing structure on the premises when assessing properties.

I DID have a successful stipulation in lieu of a hearing and the next year the assessor VOLUNTARILY lowered my assessment to my satisfaction (so not worth going thru the procedure again at present).

[faterikcartman]

[quote=bearishgurl][quote=joec]This is pretty interesting. Out of curiosity, do they do the higher assessment to raise more revenue or is it a power trip thing for the assessors?[/quote]

None of the above, joec, it’s automatic in keeping with Prop 13. Your assessment will be raised 2% per year unless you fight it (or unless the assessor has automatically lowered it [temporarily]) as they have many in hard-hit areas.[/quote]

Um, I’m guessing the amounts the OP is talking about have nothing to do with 2% a year.

[faterikcartman]

[quote=bearishgurl][quote=joec]This is pretty interesting. Out of curiosity, do they do the higher assessment to raise more revenue or is it a power trip thing for the assessors?[/quote]

None of the above, joec, it’s automatic in keeping with Prop 13. Your assessment will be raised 2% per year unless you fight it (or unless the assessor has automatically lowered it [temporarily]) as they have many in hard-hit areas.[/quote]

Um, I’m guessing the amounts the OP is talking about have nothing to do with 2% a year.

[faterikcartman]

[quote=bearishgurl][quote=joec]This is pretty interesting. Out of curiosity, do they do the higher assessment to raise more revenue or is it a power trip thing for the assessors?[/quote]

None of the above, joec, it’s automatic in keeping with Prop 13. Your assessment will be raised 2% per year unless you fight it (or unless the assessor has automatically lowered it [temporarily]) as they have many in hard-hit areas.[/quote]

Um, I’m guessing the amounts the OP is talking about have nothing to do with 2% a year.

[faterikcartman]

[quote=bearishgurl][quote=joec]This is pretty interesting. Out of curiosity, do they do the higher assessment to raise more revenue or is it a power trip thing for the assessors?[/quote]

None of the above, joec, it’s automatic in keeping with Prop 13. Your assessment will be raised 2% per year unless you fight it (or unless the assessor has automatically lowered it [temporarily]) as they have many in hard-hit areas.[/quote]

Um, I’m guessing the amounts the OP is talking about have nothing to do with 2% a year.

[Author]

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