Wolfeboro real estate assessments

[Tuckntruck]

Meredith did a “Zillow” appraisal. We went up 24% vs the town average of 17. My home on Zillow is now reported as a 1br, 1 bath 700sq fr shack.

I’ll be disputing it when the taxes come out, if only in principal. We added 1200sq ft, another full bath and 2 br last year, and are now closer to 5000sq ft, so it’s expected.

[FlyingScot]

Originally Posted by Tuckntruck

Meredith did a “Zillow” appraisal. We went up 24% vs the town average of 17. My home on Zillow is now reported as a 1br, 1 bath 700sq fr shack.

I’ll be disputing it when the taxes come out, if only in principal. We added 1200sq ft, another full bath and 2 br last year, and are now closer to 5000sq ft, so it’s expected.

But if you added 1200 sq ft, don't you agree that your rate should have gone up by more than the average?

[Tuckntruck]

Originally Posted by FlyingScot

But if you added 1200 sq ft, don't you agree that your rate should have gone up by more than the average?

Maybe, but, I’ll dispute any tax increase. If they want to tax me more, then I want them to justify it. I don’t think the extra space realistically represents a 7% increase in the home value

[tummyman]

Check out what they did to your building depreciation rate....this can adversely impact your building cost. Look at last years percent vs this year.
See my prior post on this topic.....