
The answer will surprise you. Yes these two homes look identical, they were even built at the same time and are in the same neighborhood but they are far from the same when it comes to FMV ( fair market value). Home #1 was lived in by an older gentleman that spent half of the year vacationing away from home and he always maintained his home to keep it pristine.
Home #2 was lived in by a couple with 4 young children and little or no maintenance was done, the wear and tear is very visible inside the home . Home #1 recently sold for $150,000 . The assessor reassesses using MASS appraisal and now home #2 has the same value as the pristine home . Now the tax bill on home #2 goes through the roof (pardon the Pun). This leaves the family wondering what can we do?
It is time to call the Property Tax Dr, he will properly value your home according to depreciation schedules and accurate calculations. You will be guided through the entire process with our tutorials and helpful tips. After completing the entire App, you will have an accurate summary of value that can be used to appeal your homes assessed value. You will be on your way to saving real money.