Originally Posted By: Mike@North Bend
My assessment went up and I thought this isn't right. Property values have taken a serious dip here.

I go down to the Courthouse (hear you actually get good service). The employee explains that part of valuation is based on what it would cost in materials to build the same home today. Meaning, lumber and everything else that goes into the house has risen in price so that contributes to the higher assessed value. The other part is based on sales and they hand me a ream of sales info that is pertinent to my area, but I don't find anything that seems to compare with my house.

Hardly anyone is successful here appealing their assessment. How can you, when the deck is stacked.


Mike, they fed you a load of crap. Assessor's don't use the cost of materials to figure out a property's value and even if they did, that is the least effective method there is. Even though the cost of materials has gone up, there is still depreciation to be calculated.