I just purchased a home last year and was hoping someone could answer a question for me. When you access the 'Market Adjusted Cost Report' on the Polk County Assessors website for your property, where do the values in the 2nd to last column come from?
It looks like they take numbers from your property (could be square footage, number of bedrooms/bathrooms/etc) times this arbitrary number, however it varies greatly from property to property.
Our neighbor across the street has an identical house and lot size, same specs on the finished basement, however mine is assessed 13k more because the numbers in this column are higher across the board.
Thanks for the insight. I looked at mine vs. a neighbors and noticed one thing in particular. We both have walk-out basements, however mine is the only on that has the amenity of a 'Walk Out Lot'. Also has some other things messed up on my assessment. I think I am going to write up a formal complaint with stern words attached.
"Dear Mr. Taxman,
I've got a bone to pick with you. While I don't own a whirlpol, your assessment says I do, so you can come on out and put one in for me and we will be kosher.
Yours Truly,
Cydline2cydline"