February 18, 2006

Fighting the system

I am going to appeal the tax assessment of our house because it is $19,000 above the effective purchase price last October (taking into account seller's concessions). It is almost $14,000 above the actual purchase. It is higher than similar houses in the neighborhood. So we will fight it.

My mom wondered if maybe the more recent purchases on our house caused the assessment to go up above that of other houses. That wouldn't be fair, though maybe the assessment system looks at purchase prices and nothing else but maybe a formula for yearly increases. I'll try to find out what's going on.

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