If I finish my basement, will county tax increase? - MoCo

[Anonymous]

I am about to finish my basement (w/ permit), will it increase my county property tax liability?

[Anonymous]

I don’t think it will increase it immediately.
If the neighborhood prices appreciates then it will increase gradually.

[Anonymous]

ONly if they know the details. They have no way of knowing if you used Brazilian hardwood floors or linoleum, for example.

[Anonymous]

If you add a legal bedroom (egress window, etc) then your house will increase in value so-higher value = higher taxes for sure.