AggiePlaya said:
jwhitlock3 said:
SARATOGA said:
Mine still says N/A, even for the rates.
I'm not excited for bad news, but I shouldn't have to wait for bad news, that is worse....
I am the same with N/A in every box, and I just checked the mail and no letter yet either. We are the only house on our street without a value posted for 2022.
Did yall protest appraisal in years past? I'm trying to figure out if there is a pattern on the N/As. One of my neighbors and I have the N/A and we both protested the last couple of years
I've never protested. The only thing about me and the one other house in my neighborhood with the N/A is we have different "Class Codes" on our houses. We are both RF# (i.e. siding) while every other house is RV# (i.e. brick/stone veneer).
I believe the CAD uses an equation to calculate the valuation (though I don't know exactly what the equation is), and the "Class Code" is a factor in the equation, something along the lines of value per square foot.
So Main Area = 2,000 sq ft of RV5=150 would lead to 2,000*150=$300,000 of value for that portion of the improvement. Then you add on porches, attached garages etc., using a similar equation (factor times square footage). Sum them all up, then multiply the total by a "neighborhood factor". Something along those lines.
My only guess is they haven't determined that "factor" in my neighborhood since the two N/As are outliers with a different Class Code from all the other houses.