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CaptT820 · 10-29-2019, 11:56 AM

The property assessment does include a building.
It includes a type use as well: Island Camp.
It does not have plumbing or heat or electricity. According to the property card it has a bathroom. It used to have a bathroom, it no longer has a bathroom.
My idea of market value has a bit of data behind it, especially recent data to back it up. Two parcels very recently sold on our island for an average of about $116K each, one with a structure, one without. There is no way we could get more than $150K to $160K for what we have. Which is why when the reassessment came in at $263K I was floored.
It would be nice if the towns would actually look at what you can sell it for, before they arbitrarily look at stats for assessed value.

10-29-2019, 11:56 AM	#135
CaptT820 Senior Member Join Date: Mar 2012 Posts: 122 Thanks: 86 Thanked 46 Times in 27 Posts	Assessment Update The property assessment does include a building. It includes a type use as well: Island Camp. It does not have plumbing or heat or electricity. According to the property card it has a bathroom. It used to have a bathroom, it no longer has a bathroom. My idea of market value has a bit of data behind it, especially recent data to back it up. Two parcels very recently sold on our island for an average of about $116K each, one with a structure, one without. There is no way we could get more than $150K to $160K for what we have. Which is why when the reassessment came in at $263K I was floored. It would be nice if the towns would actually look at what you can sell it for, before they arbitrarily look at stats for assessed value.