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Cutter70 t1_j6je8lk wrote

Reply to comment by ktxhopem3276 in School Me on the Property Tax Assessment Appeal by 3RudySquared

I have seen and heard about new assessments happening after a purchase when the purchase price was a certain value over existing assessment. I had heard the flag was $60-70k higher and has no bearing on whether there were improvements or not. Might matter on neighborhood too.

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ktxhopem3276 t1_j6jflk5 wrote

The threshold for appeal is dependent on the locality. By improvements, I don’t mean additions or major modifications, I just mean the sale price was a lot higher than buying a fixer upper so more likely to get flagged.

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