It doesn't have to be for sale to have a change in value whether ot not it has been updated or improved.
Changing values only after a sale inordinately taxes those who most recently purchased.
What if you bought a house in this market and for some reason the market declined. Would you still favor your taxes being based on the higher market?
Changing values only after a sale inordinately taxes those who most recently purchased.
What if you bought a house in this market and for some reason the market declined. Would you still favor your taxes being based on the higher market?