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[quote=Anonymous]Usually your house appraised for exactly what you are buying it for, so I’m not sure that’s a true barometer. It sounds like people are selling their homes in your neighborhood for more than you bought for, so your assessment will go up. Also, assessments tend to jump once a house changes hands because the county now has a data point on market value. The RE market has been crazy for the past few years, so it doesn’t sound unbelievable that your assessment went up, sorry. [/quote]
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