Winnipesaukee Forum - View Single Post

Weekend Pundit · 11-25-2006, 01:49 PM

I saw our valuation jump just over 19% in a single year. It also increased our tax bill by 10% as compared to last year.

My biggest gripe is that our valuation is seriously out of whack. We bought our home in April 2005 for close to the 2005 assessed value (within $7K). When I saw our 2006 valuation my first thought was "Were these guys on crack?!"

A home of similar value to ours just up the street just sold for ~$90,000 under its 2006 assessed value. That's a red flag to me.

11-25-2006, 01:49 PM	#42
Weekend Pundit Senior Member Join Date: Mar 2006 Location: Gilford Posts: 347 Thanks: 26 Thanked 69 Times in 42 Posts	Property Valuation - Gilford I saw our valuation jump just over 19% in a single year. It also increased our tax bill by 10% as compared to last year. My biggest gripe is that our valuation is seriously out of whack. We bought our home in April 2005 for close to the 2005 assessed value (within $7K). When I saw our 2006 valuation my first thought was "Were these guys on crack?!" A home of similar value to ours just up the street just sold for ~$90,000 under its 2006 assessed value. That's a red flag to me. Last edited by Weekend Pundit; 11-27-2006 at 06:16 PM.