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Old 05-04-2017, 01:58 PM   #15
Major
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Default Taxes

Quote:
Originally Posted by Woodsy View Post
No..... they do not assess SD/LB at a higher rate! Your property increased in value... The increase in value of the property, coupled with the increase in the tax rate gives you your 59%...

Go on the MLS and look.... the cheapest property for sale in SD/LB is a 1200 sq/ft condo for $235K. Not counting lots for sale.. I counted 12 properties that when averaged out (including the $235K property) equaled an average price of $436K... There are only 2 properties listed under $300K!

So while I am happy for you that you got in a good price... I don't feel bad for you or anyone else when your property increases in value!

Woodsy
Respectfully disagree. Built the house in 2008, so there wasn't any past history to draw from. The first year of full assessment, 2009, our taxes were $8,000. Given the real estate market at that time, our assessments and taxes should have gone down. Instead, they systematically went up.

I grew up here, and I have friends and family who own homes throughout Laconia. Our home and my neighbors' homes in SD/LB are assessed close to what we might be able to sell them for. I follow Vision Appraisal, and from what I can tell, family and friends outside of SD/LB are assessed 70-75% of sale values. I can provide you many examples.

I get your point, but I think they have their thumb on the scale with respect to SD/LB. Just my opinion.
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