Quote:
Originally Posted by Woodsy
No..... they do not assess SD/LB at a higher rate! Your property increased in value... The increase in value of the property, coupled with the increase in the tax rate gives you your 59%...
Go on the MLS and look.... the cheapest property for sale in SD/LB is a 1200 sq/ft condo for $235K. Not counting lots for sale.. I counted 12 properties that when averaged out (including the $235K property) equaled an average price of $436K... There are only 2 properties listed under $300K!
So while I am happy for you that you got in a good price... I don't feel bad for you or anyone else when your property increases in value!
Woodsy
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Respectfully disagree. Built the house in 2008, so there wasn't any past history to draw from. The first year of full assessment, 2009, our taxes were $8,000. Given the real estate market at that time, our assessments and taxes should have gone down. Instead, they systematically went up.
I grew up here, and I have friends and family who own homes throughout Laconia. Our home and my neighbors' homes in SD/LB are assessed close to what we might be able to sell them for. I follow Vision Appraisal, and from what I can tell, family and friends outside of SD/LB are assessed 70-75% of sale values. I can provide you many examples.
I get your point, but I think they have their thumb on the scale with respect to SD/LB. Just my opinion.