assessment

[low_delta]

I just got reassesed. The value of my lot went up $2 a square foot.

Comments

[ravengirl.livejournal.com]

this is a good thing, riiight?~
::subdued wooting::

[low-delta.livejournal.com]

Only if I want to sell it. And move out of town.

[ravengirl.livejournal.com]

why "and move out of town"?
is this the permanent house for all-time?
seriously- i think it is, but i don't know the plan~
...is there a plan? i always need one. plus a back-up.
heh.

[low-delta.livejournal.com]

I say that because increased property values only gain the owner one thing - is higher selling price. But if values go up in general, when one sells a house and buys a new one in the same area, he still doesn't gain anything. So the only way I'd gain is to sell it and move to a new area - one which hasn't had a similar gain in values.

So, no, the moving isn't really a plan.

[hinterland.livejournal.com]

are you selling?

[cynnerth.livejournal.com]

I have no clue whether that's a lot or not.

[specificocean.livejournal.com]

Such is your lot in life...(ours was reassessed as well)...

[low-delta.livejournal.com]

Seems like a lot, but it isn't that much, really. It's less than your house went up last time.

[low-delta.livejournal.com]

Nope. I may have to raise rent, though.

[vlinker.livejournal.com]

increase values bring a higher tax bill and that goes to pay for the services you get from your town.....shouldn't the people that clean the streets get a pay raise now and then?...raise the rent on the other half of the duplex.....

[low-delta.livejournal.com]

Sure they should. But it sure seems like a lot.

Re:

[vlinker.livejournal.com]

when was the last time the values changed?.....then look at the increase as an annual percentage....i'd bet that you're still below the annual cost of living increase

[low-delta.livejournal.com]

Three years ago. That's $5000 a year. And the house isn't in good enough shape to raise the rent much. If it keeps up, I won't be able to afford to live in this town anymore.

Re:

[vlinker.livejournal.com]

yup, so goes the way of "progress"...

[low-delta.livejournal.com]

It bugs me not simply because it's raising my taxes, it bugs me because my tazes are going up just because everybody wants to live here.

Re:

[vlinker.livejournal.com]

that is the way of the world......i suppose you could try to institute a law to keep property values for tax purposes at the level they were when ou bought the place......but that would put you into the mess they have in CA