Save Taxes: Negotiate A Reduction in Your Assessed Value
Prairie Eco-Thrifter
MAY 26, 2011
Market value is determined using sales prices of comparable properties (same size, number of rooms, age, etc); cost of the actual property (if it sold recently); income potential for commercial property and other methods. Improvements (such as a new garage or patio) or deterioration (such as hail damage to your siding).
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