Submitted by Pitiful_Toe_6311 t3_zn3933 in StamfordCT
BenVarone t1_j0h2q8g wrote
Reply to comment by magicsqueegee in Assessment change notice, 300k increase??? by Pitiful_Toe_6311
Yeah, assessed values are often still comically low relative to actual prices. For example, our house was last assessed by the city at $515k. New assessment came in at $660k. Actual assessment when we bought it? $1.2 million.
OP doesn’t even live in Stamford, so is part of the reason prices are so inflated and assessments are going up. I find it difficult to feel all that sympathetic for an out-of-town landlord.
magicsqueegee t1_j0h31nm wrote
Exactly. Oh boo boo you're paying taxes to the city you leech off.
urbanevol t1_j0h55ls wrote
These assessments are supposed to be 70% of fair market value.
BenVarone t1_j0h9xej wrote
That’s good to know—still coming about $200k under what 70% would give, so I feel great about it.
[deleted] t1_j0hpygk wrote
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