Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Received my yearly appraisal from the county appraiser/tax collector in the mail this past Thursday. It shows an 18% increase from January 2018 to January 2019. Eighteen percent in one year? I don't think so. Need to head into the county appraiser's office tomorrow morning to file an appeal.
Based on a source I can't post publicly (because it is a "competitor"), the average home in that area has appreciated 19.5% in last 12 months. I am not vouching for that estimate but it is out there. It appears the property assessor is following that or a similar measure of market prices.
What area? Volsong can say if he wants. He has before.
How would they know? The source gets data from realtors and government / quasi government sources including FreddieMac. I am not sure of the exact answer here. They didn't say.
From the notice :"We have analyzed sales from the last calendar year (calendar year 2018) to establish assessments as of the statutory
January 1 st appraisal date. We have made every effort to reflect conservative value estimates for our statutory January 1 st
valuations. Our appraisal guidelines discourage us, and the Board of Equalization, from looking at current 2019
transactions until next year. Please understand that we are watching the market carefully, and the 2020 assessments will
reflect the outcome of this year’s activities. "
I'm in Rathdrum. (And, thank you, NW Crow, for the source.) I'll have to sleep on it if I want to appeal or not. If it gets knocked down to 15% or even 12%, it won't make all that much difference in the yearly property tax bill. It was just a bit of a shock to me. Other properties in my neighborhood do not seemed to increase that much. Maybe they have. I'm not planning on selling or moving, so maybe I'm perturbed for nothing.
Received my yearly appraisal from the county appraiser/tax collector in the mail this past Thursday. It shows an 18% increase from January 2018 to January 2019. Eighteen percent in one year? I don't think so. Need to head into the county appraiser's office tomorrow morning to file an appeal.
I bet you miss Prop. 13 in California a little now, don't you?
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
I bet you miss Prop. 13 in California a little now, don't you? 
