Monday, February 21, 2011

Bathroom Assessment Results

In October I posted about the City requesting to visit my house for a new assessment after the permits for the bathroom addition here.  Then on 10/28, I received the short visit from the assessor.

I finally received the notice in the mail over the weekend: Notice of Assessment, Taxable Valuation (including Leasehold Improvements) and Property Classification. 

My taxable value increased $2665 and my Assessed value increased by $3100.  I can't wait to see how much it will affect my taxes.  I would prefer to keep the taxes the same and be ineligible for the homestead property tax refund, but maybe I will finally be eligible. 

It is nice to know that the value of the home has increased despite the housing market.

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