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Metropolitan DC Local Politics
Reply to "montgomery county tax assessments - WTF"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]You are not real middle class if your house is worth $900, or even $700K.[/quote] That’s the issue. The house is not worth $900k. No way. Houses in nerby neighborhoods but in the same general area are going in the $600k range. [/quote] When making assessments, they like to use recent sales. Recent sales tend to be new homes that are rebuilds replacing older, existing homes. For some reason, that manages to inflate your property values. I am not sure why. [/quote] Their model is broken. The good news is that if you make a reasoned appeal they will usually reduce at the administrative stage and you never have to go to the panel or tax court. [/quote]
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