Center Harbor Assessments

HalfMiler · 10-25-2022, 06:44 PM

Many thanks for the thoughtful responses. After my initial panic subsided, I did realize the rate has not yet been set. Fingers crossed our December bill will not be 3 times our June bill.

I did look at the data this afternoon. As far as I can tell - all waterfront land was bluntly bumped up to $2mm as a baseline. Looking at my neighbors, acreage and quality of land did not have huge impacts on the assessment, i.e. you're in for $2mm if you've got an acre and +$250k ish if you've got 10 acres.

I'll be interested in the values this year and next. Though assessed value does not equal market value, in looking at our assessment we did agree we could have sold for that number 6 months ago.....but now or 6 months from now? The market doesn't appear to be softening yet, but it does appear to be slowing.

lagoon · 10-25-2022, 07:14 PM

So some smart folks here! Alton is where our place is and as an old lake house we are getting priced up by McMansions. I am wondering how Alton fares in these tax hikes? Usually we are lower but still pricey considering the value. If things ever got critical and we sold this place it would be a tear down and they would cram as much house as they could on our 100' frontage pie shaped lot.

John Mercier · 10-25-2022, 08:40 PM

Quote:

Originally Posted by HalfMiler

Many thanks for the thoughtful responses. After my initial panic subsided, I did realize the rate has not yet been set. Fingers crossed our December bill will not be 3 times our June bill.

I did look at the data this afternoon. As far as I can tell - all waterfront land was bluntly bumped up to $2mm as a baseline. Looking at my neighbors, acreage and quality of land did not have huge impacts on the assessment, i.e. you're in for $2mm if you've got an acre and +$250k ish if you've got 10 acres.

I'll be interested in the values this year and next. Though assessed value does not equal market value, in looking at our assessment we did agree we could have sold for that number 6 months ago.....but now or 6 months from now? The market doesn't appear to be softening yet, but it does appear to be slowing.

I don't see it softening. It is spreading out a bit. But I think people are confusing national news with local.

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10-25-2022, 06:44 PM	#1
HalfMiler Junior Member Join Date: Feb 2021 Posts: 10 Thanks: 12 Thanked 2 Times in 2 Posts	Many thanks for the thoughtful responses. After my initial panic subsided, I did realize the rate has not yet been set. Fingers crossed our December bill will not be 3 times our June bill. I did look at the data this afternoon. As far as I can tell - all waterfront land was bluntly bumped up to $2mm as a baseline. Looking at my neighbors, acreage and quality of land did not have huge impacts on the assessment, i.e. you're in for $2mm if you've got an acre and +$250k ish if you've got 10 acres. I'll be interested in the values this year and next. Though assessed value does not equal market value, in looking at our assessment we did agree we could have sold for that number 6 months ago.....but now or 6 months from now? The market doesn't appear to be softening yet, but it does appear to be slowing.

10-25-2022, 07:14 PM	#2
lagoon Senior Member Join Date: Jul 2012 Posts: 87 Thanks: 36 Thanked 17 Times in 11 Posts	So some smart folks here! Alton is where our place is and as an old lake house we are getting priced up by McMansions. I am wondering how Alton fares in these tax hikes? Usually we are lower but still pricey considering the value. If things ever got critical and we sold this place it would be a tear down and they would cram as much house as they could on our 100' frontage pie shaped lot.