Quote:
Originally Posted by momof1in150
When was it last assessed. You are getting accessed value and appraised value confused. Your taxes are based on the assessed value of your home, not the appraised value. If it was finished after it was last assessed then they may not have the current assessment of your home. My house was never assessed for the 4th bedroom in the lower level until this year and yes, my assessment went up.
|
We are not on the same page. I fully understand what assessed value and appraised value are. I know the property taxes I pay are on the "assessed" value. My basement was finished by the builder at time of construction using the same materials as upstairs. My only point is that my finaished basement is NOT counted as square footage by a licensed appraiser.