Save Taxes: Negotiate A Reduction in Your Assessed Value
Prairie Eco-Thrifter
MAY 26, 2011
Assessed value is the value that will be used in determining how much you will pay in real estate taxes. Most state laws require that assessed value be based on the market value of the property. Improvements (such as a new garage or patio) or deterioration (such as hail damage to your siding). What is assessed value?
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