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Real Estate
Reply to "MoCo tax assessment"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Ours was very reasonable this year. Last time around, it was absurd, and we appealed and won. Appealing is easy, just find the best comps and be prepared to explain why your new assessment is over market value.[/quote] Really? I appealed and it was a waste of time. The comp has to be a property with the same floor plan code and that was sold in the last year. It doesn't help to compare your assessment to neighbors, who purchased their property 10 years earlier and are paying 1/3 of what you are [/quote] The comp doesn't have to be the same floor plan, but does need to be sold within the past year (6 months is better), in the same neighborhood, and in generally the same condition. Helps to be as similar as possible to yours, but just look for the closest few. For us, it was easy to get 4-5 comps that were very similar to ours. For other homes in other neighborhoods I recognize that would be a harder task.[/quote]
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