View Single Post
Old 08-28-2019, 12:05 PM   #58
LIforrelaxin
Senior Member
 
LIforrelaxin's Avatar
 
Join Date: May 2006
Location: Long Island, not that one, the one on Winnipesaukee
Posts: 2,269
Thanks: 792
Thanked 657 Times in 356 Posts
Default

Quote:
Originally Posted by MAXUM View Post
Or you can cherry pick sales that are favorable to your opinion while the assessor may do the opposite. Who's "opinion" is right?

Think about it this way.... let's say your place is worth 500K FMV. The house next door is identical. If the house next to you sells after several years on the market for 1 million does that make yours worth the same? The assessor may say yes. On the flip side if the house next door were to be foreclosed and sold at auction for 250K is your place worth 250K? You KNOW the assessor would say hell no.

Just sayin....
Thats the issue, there is an amount of the worth of a piece of real estate that is personal opinion... The Appriaser I used, picked properties for comparison that he thought where similar.... but another appraiser may feel there where a different set "similar properties" I am far from done looking at this... but I am not so hung up on being ready to meet with the assessor.... Because I can see the argument from the other side, after looking at some data.....

Now, if other residents want to get together and go to a town meeting and object to the fact that everyone's land values went up an enormous amount, I will be there for that.

Bottom line, NH is a great minimal Tax state for people that live there, but the property tax season home owners have to deal with is unbelievably high.... I get that my property on the lake is something special.... but what about the person that just has a cabin in the woods....
__________________
Life is about how much time you can spend relaxing... I do it on an island that isn't really an island.....
LIforrelaxin is offline   Reply With Quote