Well I'm telling you in Uxbridge it definitely is. And I checked with my real estate agent back then too and she said it was common practice. I specifically asked the assessor when he came out to remeasure the house. They will revalue the house based on the last selling price and they use the MLS sold price to do it.
It doesn't go by what a house COULD sell for...it becomes it's own comparable price when it sells and it used to revalue.. If you want to drop the assessment on your house you need to look at comparable/same/similar properties and what they've SOLD for in the last year. If it's less than the assessment then you can print that and use that as a basis for an abatement in January. You got less than a month to do it..
But i'm telling you in most cases it's not worth it.
Still waiting to hear from the large one in hanover.........come on larry you bitched and moaned.. lets hear the answers.
Quote:
Originally Posted by TheSpecialist
I'll tell you , they definitely don't check what houses sell for. If they did I would have been playing alot more 3 years ago. I asked the assessor if my house would sell for x, and it is less than the y the town says it is worth can't they drop it . He told me that is not how they value property for tax purposes.
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