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Reply to "MoCo tax assessment for improvement value increases by over 50%"
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[quote=Anonymous][quote=Anonymous]MoCo is going broke and this is the only way for them to increase revenue. They areclosing offices and residents and I am concerned it has signs of Baltimore in the making. [/quote] It's fun to make up random statements and provide no support for any of them. The county is doing fine, the county has not raised property tax rates (unlike Arlington, which has done so for two years in a row), and the higher assessments that people are seeing accurately reflect their property values. I am highly confident that if these folks complaining consulted with a reputable real estate agent or appraiser, they'd discover that the assessment is accurate, and they'd price the house at or above the assessment if they were trying to sell. Real estate values have gone up dramatically in MoCo, plain and simple, and when people go to sell, they're going to make lots of money that will far exceed the increase in taxes.[/quote]
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