Question by Gothic E: will the property value “around” the White House go down when Obama moves in?
He better not paint anything purple!
Best answer:
Answer by Joshua N
no
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Improving metro Detroit home values may mean that housing crisis has bottomed out
William Archie/Detroit Free Press By Kathleen Gray, John Wisely and Eric D. Lawrence A home on Dorchester street in Birmingham that got two firm offers the first two days it was listed on Friday, February 10, 2012. Property values have changed in 2011.
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Value of Scotland's residential property soars by £149 billion in past decade
'Scotland has seen the largest increase in the value of the privately owned housing stock over the past ten years across the UK. Helped by more than a doubling in house price, as well as a 16% increase in the stock of privately held residential …
Read more on Property Wire
Hills and Hornsby rates to reflect land value rise
A Hills Council spokeswoman said that while an individual's rates may vary above or below the rate peg due to fluctuation in land values, the council's total income from rates cannot exceed the 3.6 per cent peg. In the past three years land values in …
Read more on Cadtle Hills News
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Question by Double R: What does “assesed value” on my property taxes mean?
I am looking at my property taxes statement and it shows how they calculate my taxes. It has my Market Value at $ 876k, and my assesed value at $ 161k. What is “assesed value”? My property is worth much less than the $ 876k they say but $ 161 would not even make sense. My property was appraised at $ 460k. Someone please help me understand this. I live in NY if it helps.
Best answer:
Answer by hrblockerrolquinn
Dear DR: There is a great article at www.mkemortgage.net on NY assessed value vs market value.
Basically the assessed value is a number put on your property for tax purposes only. It is relative and should be fairly distributed among the neighborhoods.
This advice was prepared based on our understanding of the tax law in effect at the time it was written as it applies to the facts that you provided. Click on my profile to read more. Errol Quinn Enrolled Agent Master Tax Advisor
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Residential property loses 2 percent of value overall
By Brian Mulherin Property values continued to decrease in much of Mason County in 2011, according to analysis by the Mason County Equalization Department. The tentative equalization ratios, which determine how assessments will be corrected was …
Read more on Ludington Daily News
Enumclaw property values dip again, tax bill decreases
“In general, south King County has lost more value than those areas closer to the core job centers,” Hara said. For city taxpayers, the bottom line consists of three elements: property values in the Enumclaw city limits have dropped for the fourth …
Read more on Enumclaw Courier-Herald
UK house prices fall for 20th consecutive month
Change in current house prices Knight Frank/Markit's February House Price Sentiment Index shows that house price declines continued in February. Around 6% of households believed that the value of their home had risen since January, while around 20% …
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