Monday, March 4, 2019

What's It Worth?

The reassessments of property in Hudson were mailed out on Friday and will likely arrive in mailboxes today. But if you don't want to wait, you can find out your new assessment by clicking here. (Of course, you'll have to enter the address of your property.)
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9 comments:

  1. John DarbyMarch 4, 2019 at 2:29 PM

    WOW! Did everyone's taxes triple? A bit shocked.

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  2. John DarbyMarch 4, 2019 at 3:10 PM

    On second glance mine didn't triple but went up 42%. Still shocked.

    ReplyDelete
    Replies
    1. John K. FriedmanMarch 4, 2019 at 4:28 PM

      It's not your taxes that have gone up yet . . . it's just the assessment. If all properties in the city go up by about the same amount, then no one's taxes go up too much. It's a multivariate equation.

      Delete
    2. VincentMarch 4, 2019 at 6:51 PM

      my assessment more than tripled and my taxes doubled.

      Delete
  3. Sam PrattMarch 5, 2019 at 3:03 AM

    Assessments affect not just your City taxes, but your school taxes. So it is not so simple as claiming “if everyone’s assessment goes up your payment will stay the same.” The school budget is shared by property owners in multiple towns, but each town has its own assessor and revaluation priorities. So Hudsonians could wind up sharing a larger slice of the HCSD budget even if (big if) the reval was done correctly.

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  4. White Whale LimitedMarch 5, 2019 at 12:03 PM

    If the revaluation was done correctly, the new assessment should be in line with the property's market value: what a willing seller would accept from a willing purchaser, and based upon the recent sale prices of comparable properties in the City of Hudson.

    If a property is assessed in excess of its fair market value, that is the basis for a tax grievance. "My taxes are too high" is not.

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  5. UnknownMarch 5, 2019 at 5:17 PM

    Our new assessment is egregiously out of line with the market value of our property. And it's inequitable compared to those of comparable properties on our block, We, along we countless others, I'm sure, are planning to grieve.

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  6. KDMarch 5, 2019 at 7:04 PM

    Can anyone post the aggregate assessed value for all real property in the City AFTER the reval, as well as the aggregate assessed value of all real property in the City in 2018? One needs to know how much the TOTAL City assessment changed in order to evaluate the significance of the change in one's own assessment.

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