View Tax???

vrrooom · 03-22-2007, 10:39 AM

An Excellent Case of the imact of the lag, is Chanticlaire in Gilford. A colony of water front second homes that for years was assessed at 150K, two years ago one sold (the first sale in 20 years) for almost 300K, and this year one has just sold (sale has not been completed) for 500K. I wonder how the assessors explane the inequity of this, 20+ years of assessments at less than 1/2 of market value. This inequity (Chanticlair) has been pointed out to the Gilford Selectmen many times thru the abatement process, but taxing the non voters is fun. That is why we need assessments based on replacement cost per sq ft, not sales which would address the disequity between property owners. No taxation without representation?

03-22-2007, 10:39 AM	#1
vrrooom Senior Member Join Date: Nov 2006 Location: Gilford Posts: 50 Thanks: 0 Thanked 0 Times in 0 Posts	The Lag in property taxes based on Selling Price An Excellent Case of the imact of the lag, is Chanticlaire in Gilford. A colony of water front second homes that for years was assessed at 150K, two years ago one sold (the first sale in 20 years) for almost 300K, and this year one has just sold (sale has not been completed) for 500K. I wonder how the assessors explane the inequity of this, 20+ years of assessments at less than 1/2 of market value. This inequity (Chanticlair) has been pointed out to the Gilford Selectmen many times thru the abatement process, but taxing the non voters is fun. That is why we need assessments based on replacement cost per sq ft, not sales which would address the disequity between property owners. No taxation without representation?