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Originally Posted by I.C.Isles
Just went through this with Alton. I had just bought house for less than assessment after it had been on market for months, had comps done by lender to back it up. Assessor refused to lower assessment unless I let him in the house.
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Yup, they are not going through an adjustment unless they know exactly what you have.
I successfully went through one in Moultonborough. There were a couple incorrect physical descriptions of my house and the comp properties supported my claim of lesser value.
IMO, the recent sales of local properties are the key piece. If you are unfortunate enough to live near where houses have sold for inflated value, it is not likely you will get a decreased value. It is all about the market in your area and that can be fickle.
What initiated my effort was a divorce that caused me to get a couple assessments that were well below my town assessed value.