charger said:
yes, but is there anything positive that comes out of this? 100,000 dollars seems awfully
high! does this not increase your homes value at selling!?

el_tino said:
So, the county assessor thinks my house is worth $100,000 more than I paid for it 9 months ago!

And, um, the houses around here haven't been going up in price. The assessor must have been smoking crack.

el_tino said:
No it doesn't. The only thing that increases value is someone willing to pay
what you're asking. Considering the house next door is bigger and nicer and the asking price
is lower than the valuation of mine according to the assessor, there's nobody that would pay
that much for it. Maybe in 10 years or something, but not today.

charger said:
oh, ok, i thought that sometimes it was part of the determination of the selling price, like if a
house is assessed at 100,000 for example then you times that amount by say 2 and a half or
three for an idea of its possible selling price> 250, 000, or 300,000! if not then i would def
make some phone calls asap!

el_tino said:
Property taxes are based on it. I don't want to pay an extra $1,000 a year because the assessor has been hitting the crack pipe.