Comment 36743

By JonC (registered) | Posted January 03, 2010 at 17:28:52

Again, you criticize a system you don't understand. There isn't a continuous update to values. All they look at is your home sale home sales and building permits. The system wide re-evaluation of homes that occurred twoish years ago was the first in many years. And the current values are below market value. Maintaining a property doesn't increase your taxes and letting it go to shit doesn't decrease them. If you file a permit to convert to a duplex, that affects it. You add a story to your house, that affects it. You bulldoze a property, that affects it. Adding insulation or re-doing the kitchen or painting the outside doesn't affect your property taxes.

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