Wayne Grier
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Home Selling Tips #6

Updated Friday, October 25, 2013  ::  Views (515)

Tip # 6    Your tax assessment means almost nothing.

In some cases people look to their tax assessments to assist them in determining a value. There are a number of things wrong with this approach, for example assessments are based on criteria unrelated to property values, so they often don't reflect the true value of your home. It is quite common to find two identical homes in the same neighbourhood with drastically different tax assessment values because one was purchased more recently than the other. Beware, I have seen people drastically underprice (yes, and overprice) their home based on this information, Consult your Professional REALTOR before setting a Sale or List Price on your Home!

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