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playinghooky · 11-14-2006, 09:30 PM

I questioned my assessment in Alton. I discussed how they arrived at the value with the tax assessor. He explained that the appraiser used 3 comprable houses that were sold around the time of the assessment. These houses were then compared to my property to come up with a value. He actually gave me the addresses and prices sold for the properties used in my assessment. The only adjustment that they agreed to make was that my house was much older than what they had listed so that affected the depreciation %. When that was corrected it lowered my assessed value by around $5,000. The assessor was very cooperative and listened to what I had to say. You usually can't find an exect comprable sale so adjustments must be made.
I don't think that getting an appraisal of your property will help your cause.

11-14-2006, 09:30 PM	#6
playinghooky Senior Member Join Date: Apr 2004 Location: Alton Bay Posts: 61 Thanks: 7 Thanked 11 Times in 4 Posts	Tax Assessment I questioned my assessment in Alton. I discussed how they arrived at the value with the tax assessor. He explained that the appraiser used 3 comprable houses that were sold around the time of the assessment. These houses were then compared to my property to come up with a value. He actually gave me the addresses and prices sold for the properties used in my assessment. The only adjustment that they agreed to make was that my house was much older than what they had listed so that affected the depreciation %. When that was corrected it lowered my assessed value by around $5,000. The assessor was very cooperative and listened to what I had to say. You usually can't find an exect comprable sale so adjustments must be made. I don't think that getting an appraisal of your property will help your cause.