Special offer

Mason county tax assesments

By
Real Estate Agent with Windermere Peninsula Properties

Mason County has just sent out the new Tax Assesments for 2010. Should you raise a listing price to account for the higher value? This is the question almost all of my current sellers are asking. The answer "NO". The assesment goes back in time about 4 years, we have to take into account that it is all relative in terms of time. Homeowners will always be paying taxes on a home based on a previous market value.

Todays market value is The market value ( the price of which a buyer is willing to pay).  A tax assesed value does not place a list price on a home. If we consider the 04-07 market, people were paying above the tax assesed value of a home and today buyers are paying at or below.

It is alarming to many homeowners to see such a hike in taxes for this upcoming year, especially in a down market.

In conclusion the market sets the current value for a home and not the county assesor's office!

To learn more or to get a Free Market Analysis on your home to learn it's current market value call me today at 360-649-1195 or visit me at www.MichellesRealEstate.com

Comments (0)