What would be a reasonable change from one year to the next?
We got our appraisal notice yesterday, and the value is listed 10% higher than last year. The land portion didn't change, but the improvements went up by about 12%.
We haven't done anything to the house to add any value; no new improvements.
We bought in 2015. I know that market value and appraised value rarely coincide, but the 2016 appraisal fell right in line with what we paid for the house.
I know we all get screwed from this somehow; I just don't want to be screwed too much more than everyone else.
We got our appraisal notice yesterday, and the value is listed 10% higher than last year. The land portion didn't change, but the improvements went up by about 12%.
We haven't done anything to the house to add any value; no new improvements.
We bought in 2015. I know that market value and appraised value rarely coincide, but the 2016 appraisal fell right in line with what we paid for the house.
I know we all get screwed from this somehow; I just don't want to be screwed too much more than everyone else.