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#1 |
Senior Member
Join Date: Jun 2005
Location: Welch Island, Gilford
Posts: 51
Thanks: 50
Thanked 15 Times in 6 Posts
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My island property assessment is going up 10.6% next year, which seems a bit steep given that we have made no improvements, and the real estate market seems flat.
Are other assessments going up that much? |
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#2 |
Senior Member
Join Date: Feb 2008
Location: Gilford, NH / Welch Island
Posts: 6,243
Thanks: 2,389
Thanked 5,282 Times in 2,054 Posts
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Same here!...and you probably noticed that they only increased the value of the land not any structures. Try getting an abatement for that...NOT!!
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welch100 (09-27-2014) |
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#3 |
Senior Member
Join Date: Feb 2005
Location: Gilford, NH and Florida
Posts: 2,998
Thanks: 697
Thanked 2,198 Times in 932 Posts
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I am on the mainland in Gilford. Several years ago I got an abatement based on the size and slope of my lot. I brought in the assessments of 5 other properties on my street. I showed them why those properties were worth more than mine and they agreed to take another look.
Subsequently they made a site visit and agreed to reduce the assessment by about $100,000. The downside is that one of my docks was not on the assessors card and the size of the house was off by a little. So, if you are going to apply for an abatement, check the assessors information first. Make sure that the information they have on your property is correct. In some cases they may come out and find out things are better than they thought and increase your assessed value. |
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#4 |
Senior Member
Join Date: Mar 2006
Location: Merrimack and Welch Island
Posts: 4,355
Thanks: 1,343
Thanked 1,623 Times in 1,055 Posts
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Today (10/8) I got my new assessment for my condo boat slip. It dropped about 30%. In total dollars, it won't match the increase on the camp, but it helps. Of course, it all means little until the State sets the tax rate later this month.
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#5 |
Senior Member
Join Date: Oct 2004
Location: Laconia NH
Posts: 5,573
Thanks: 3,209
Thanked 1,103 Times in 794 Posts
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I visited an insurance broker, Melcher & Prescott, to compare quotes for my properties. I notice both properties have their information wrong on the Vision website even though several years ago I have had the town correct them. They did not. It pays to access the site, make some changes, and access the site again to make sure the town follow through!
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#6 |
Senior Member
Join Date: Jul 2007
Location: Gilford, NH
Posts: 340
Thanks: 280
Thanked 90 Times in 62 Posts
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and our assessment went up 9% as did my father-in-laws place give or take a percentage since I can't remember the exact number. Neither properties have been improved, and the tax cards are correct.
There have been a lot of sales on Varney Point this year compared to past years. I assumed this was the reason.
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