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Reply to "MoCo tax assessment for improvement value increases by over 50%"
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[quote=Anonymous][quote=Anonymous]Land vs improvements is usually just a formula (like 2/3 land vs 1/3 improvements). All that matters is the overall assessment. [/quote] It’s a formula for condos like that. For houses. Still a formula but lot size, year house built, square footage and assessor impression of quality level are factored into the formula, along with other criteria (bedrooms, bathrooms, etc)[/quote]
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