Reply to thread

Message

<blockquote data-quote="Wirehair" data-source="post: 499376" data-attributes="member: 769">We have a situation where our home is in fairly close proximity to some higher end homes.&nbsp; We are in Burleigh county and homes across the street are in Bismarck city limits.&nbsp; We have essentially the equivalent of a well used Chevy in a Cadillac parking lot.&nbsp; A home went up for sale on the city side a year ago and eventually sold for a little over $1M.&nbsp; This fall we received notice from Burleigh County that the assessed value of our home increased by about $80k.&nbsp; When I contacted the County assessment department asking what their justification was for the increase I was informed that part of their appraisal process includes recent home sales in the general area to determine fair market value.&nbsp; We have nothing in common with the home that sold.&nbsp; Our home is 26 YO, likely the smallest finished sq. ft. in the area and would never sell for $80K more that a year ago.&nbsp; Sound Fair?</blockquote>

[QUOTE="Wirehair, post: 499376, member: 769"] We have a situation where our home is in fairly close proximity to some higher end homes. We are in Burleigh county and homes across the street are in Bismarck city limits. We have essentially the equivalent of a well used Chevy in a Cadillac parking lot. A home went up for sale on the city side a year ago and eventually sold for a little over $1M. This fall we received notice from Burleigh County that the assessed value of our home increased by about $80k. When I contacted the County assessment department asking what their justification was for the increase I was informed that part of their appraisal process includes recent home sales in the general area to determine [B][I]fair[/I][/B] market value. We have nothing in common with the home that sold. Our home is 26 YO, likely the smallest finished sq. ft. in the area and would never sell for $80K more that a year ago. Sound Fair? [/QUOTE]

Verification

What is the most common fish caught on this site?

Reply to thread

Recent Posts

Friends of NDA