My property taxes are going UP because the town says my home value is RISING?
How is my home value rising when I can't even sell it for close to what they claim it's worth? More signs that towns and cities are struggling. What really sucks is that the vacant homes owned by the banks are valued lower so the banks pay less in taxes. They should be taxed MORE for making homes in the area unsellable.
It doesn't matter what your house would be worth because even if they reduced the value of your home they would simply raise the tax multiplier on the reduced price. At the end of the day the county has a certain amount of expenses that have to be divvied up amongst the existing homeowners. I went through this whole song and dance a couple of years ago with my assessor. And to the person who is going to appeal, good luck with that (sarcasm))