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#1548566 --- 05/19/20 02:34 PM Re: Assessments up 13% in City of Geneva [Re: Tacitus]
bluezone Offline
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Registered: 12/19/04
Posts: 33253
Loc: USA
Investors overpaying for a home to convert it to a college rental does not inflate the values of other homes?

Did the assessor offer any reasons why your assessment went up?
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#1548580 --- 05/19/20 03:31 PM Re: Assessments up 13% in City of Geneva [Re: bluezone]
Tacitus Offline
Member

Registered: 03/23/15
Posts: 328
It does increase the value of homes, but he would need more than one, and a close match to your home, for it to be meaningful.

I started this thread to be helpful to others who weren't sure how to go about an appeal. I tried to get help from you, since you alluded to knowledge of a specific website for real estate sales information. You actually were just blowing hot air again, so I will turn my attention to other matters.

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#1548591 --- 05/19/20 06:24 PM Re: Assessments up 13% in City of Geneva [Re: Tacitus]
bluezone Offline
Diamond Member

Registered: 12/19/04
Posts: 33253
Loc: USA
Originally Posted By: Tacitus
It does increase the value of homes, but he would need more than one


There are plenty rentals in the city
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#1549971 --- 06/06/20 04:40 PM Re: Assessments up 13% in City of Geneva [Re: bluezone]
Tacitus Offline
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Registered: 03/23/15
Posts: 328

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