Recently I received the property assessment notice, and found the price of my property goes up more than $20,000. When I compare with my neighborhood, I found most properties with similar size were assessed with lower price, usually $20,000-$30,000 lower than mine. I am thinking of submit a disagreement to MPAC, but would it help? My concern is the actual sale price is much higher than the assessment price, and my realtor said it would be difficult for me to argue. However, why other properties in my neighborhood are assessed at much lower price?
Does anyone have experience in arguing property assessment? How should I argue my case with MPAC? Is there any chance that the reassessment is even higher? Please share your experience and insights with me! Highly appreciate it!
Does anyone have experience in arguing property assessment? How should I argue my case with MPAC? Is there any chance that the reassessment is even higher? Please share your experience and insights with me! Highly appreciate it!