Quote:
Originally Posted by Hehe
I don't get the new 2022 assessment. There was hardly any transaction on the road/immediate area I live (all old-timers with owners of 30+ years, one of the reasons I bought the area as I didn't want new owner/tenants to come and go) except mine and I bought it a year ago. Even extending the area a bit, all transactions within the last 12mth were pretty much at 2021 assessment on average if not lower.
And somehow that pushed to a new ATH, higher than the previous peak assessment of 2017. 
Like, I was expecting an increase... yes. But not exploding by 30% when there's hardly anything going on. If anything, I was expecting a relatively flat for the area.
I just hope there isn't too much of a surprise when tax bill gets here. |
Just because there was no transactions doesn't mean your values haven't gone up. As a whole the average has gone up about 20% from last year. It's an assessment, but average transaction price history.