Profile picture for user7426445

When to get a house reassessed?

I was thinking of having our house reassessed. Is there a gauge to having this done?  We bought the house for $250k 11 months ago and the assessment is $230k.  At this point the value seems fairly appropriate, but the assessment has been at $230k since 2003 when it was built for $281k.  Someone recommended having it reassessed, but I am not sure it will help reduce the taxes. 

  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
August 01 2012 - US
We think we've answered this question for you!
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.
 
 

Answers (2)

You might be concerned that if you want to buy there will be objections to your list price based on the tax assessment.  Rest assured, that objection should be easy to overcome by your Realtor.  Comparable sales in the area will reflect the true market value of your home.  I wouldn't rock the boat on the tax appraisal.  It sounds like you have a good deal going!
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
September 03 2012
Maybe I am misunderstanding this question.  If you paid $250K for the property and it is valued by the tax appraiser at $230K why would you want to have it reassessed?  The tax amount is based off of the appraised value so the more they appraise the property the more you pay in taxes. 
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
August 23 2012
 
Related Questions
what is the difference between property taxes in north and south carolina
Profile picture for Hamp Yonce
Latest answer by Hamp Yonce
12 hours ago | 2 answers
  • Asked by mlocurto19
  • In Taxes
  • 1 day ago
Why is prop tax so high
Profile picture for Kary L. Krismer
Latest answer by Kary L. Krismer
July 17 | 9 answers
  • Asked by lesistheriesen
  • In Taxes
  • July 15
Taxes in SC
  • Asked by ClaudiaSheldonCizin
  • In Taxes
  • July 04
Taxes
  • Asked by ClaudiaSheldonCizin
  • In Taxes
  • July 04
Can I get an address with the pin number
  • Asked by johnheld1
  • In Taxes
  • June 30
Be A Good Neighbor

Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.