Burt went in with information on local houses that had sold recently and found that the house was still listed in the condition it was in when we bought it in 2001; new carpet, new appliances, etc. None of those things are new any more, but no one had updated the house. So he got about $20,000.00 knocked off the value for property tax purposes.
Good news on the appraisal! We have friends in CA who bought their "storybook" house at the height of the housing bubble; since then, prices have plummeted, and because of that, they were able to get a reduction on their property taxes, arguing that the house is no longer worth what it was 2 or 3 years ago. I'm not sure how they did it, but it seems no bribes were necessary {g}....
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How did you manage to get a re-appraisel done?
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