I just discovered the 2005 Tax Assemessments are online now. I did a quick look at House #1, and it's assessment went up 2.8%. It is now assessed at $137,000. Of course, this has no bearing on sales price as assessed values around here can fluctuate over 5% or more from actual sales prices, but it does give a good indication that property values in the area are appreciating, instead of depreciating. For this particular property, though, $137,000 seems almost inline to recent sales. I'll probably knock a couple $1,000 off the price in order to move it more quickly. Also, houses in the area are generally in the $125k range, and houses over $135k are rare.
I also forgot safety inspection sticker for my car ran out on Saturday, and I have to renew it. I'll stop by work this afternoon and get it inspected and have them change my oil. I used to always change the oil in our vehicles myself, but I just don;t have the time these days to do stuff like that anymore. Matter of fact, my back yard is in dire need of attention (mowing, pulling weeds, general cleanup from winter), and I don;t know when I'll be able to get to it.
Subscribe to:
Post Comments (Atom)
1 comment:
Wow. I got my 2005 tax assessment in the mail about a week or so ago, and hadn't opened it yet. I bought my home in early 2000 for $182k. It reached it's pinnacle two years later at an assessed value of $214k (an 8.43% annual increase). Since 2002, it has steadily declined. This year, the assessed value is $186k. So, in five years, my house has increased 0.4% per annum. That's depressing. I guess it shouldn't be too disappointing, since the area has really undergone a 180-degree turn in the market the last few years. Also, I can take heart knowing the appreciation on my investment property is increasing a lot faster.
Post a Comment