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Old 03-10-2012, 11:30 PM
AGDee AGDee is offline
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Join Date: Aug 2003
Location: Michigan
Posts: 15,847
Ironically, I just got my tax assessment on my house. The taxable value is supposed to be half the actual value. When I bought the house, the taxable value was 72,000. Now it's 46,000. So the value of my house has gone from 144K to 92K. And I couldn't sell it for that.. it's not a real estate kind of appraisal, it's a random property tax assessment. I could sell it, maybe, for $80K. MAYBE. The house next door to mine is twice the size and was flipped after a foreclosure.. sold for $109K. Big huge cape cod. Gorgeous with granite and wood floors and.. *sigh*.
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