| Just got our statement and our assessment went down by about 15% but prices in my neIghborhood are steady and climbing. Will this new assessment negatively affect our desired selling price when we list in the Spring? |
| We had the same thing happen. Didn't calculate % but it went down. |
What state are you in? Some states like maryland have lagging indicators |
| OP here- I'm in close in Mont Co |
| I'm also close in Mont Co. |
| Your assessment is based on sales in 2011 not 2012. Prices were just starting upward in 2012. |
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Our assessment went up by 20% here in Bethesda which really infuriates me. The assessment is much more than I know the house is worth on the open market right now. My appeal last assessmenat was shot down even though I provided sales comps so I'm not sure if it is worth the trouble again.
Has anyone had success appealing their assessment in Mo Co? |
| 13% increase in close in silver spring. |
| For Bethesda residents, when did you get yours? I wonder if DH threw it out with the junk mail we were flooded around Christmas. |
| We got ours New Years Eve. |
Close in to DC and it went up? Surprising... |
| OP here - we are also in close in Silver Spring. Weird. Do you think this will impact our chances of selling at our desired price? PS - we received our statement on Dec 31 |
As someone who appealed in 2011 using 2011 comps, it's annoying. I haven't looked at2012 comps but my guess is not that large of an increase. But in general yes-we live somewhere we expect homes to keep value, a mile from the DC line. |
| OP, no it won't affect your sales price. Be happy with the lower assessment. |
| Is there a way to check this online for Montgomery County? |