Real estate blog entries tagged with rochester ny assessments by Mike Liess (Remax Custom)

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Home : Blogs : Mike Liess : Mike Liess's Blog : Tag "rochester ny assessments"

rochester ny assessments: Is your assessment fair? If not, your property taxes may be too high. - 01/13/12 11:42 PM

January 6, 2012 by remaxfirstroc
This is the time of year for all property owners to ask themselves this simple question. Or is it a simple question?
In order to answer the question fairly one must know two things about the property:
1. The “Assessed Value” as determined by the Municipalities Assessor.
2. “Fair Market Value” what the property would sell for today if it were made available for sale in the open market.
In theory: Assessed Value is supposed to equal Fair Market Value.
The Assessor’s primary responsibility is to fairly assess all property so that the taxpayer pays only … (5 comments)

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Mike Liess

Penfield, NY

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