i am having my home remodeled, what upgrades will cause an increase in property tax assessment?

March 27, 2010 by homeremodeling · 3 Comments
Filed under: Renting & Real Estate 
Home Remodeling
ww asked:

does your flooring choice (carpet, wood, tile), # of sinks, type of heating (baseboard, forced air, radiant) greatly effect the property assessment?

Related Blogs

Related Blogs

Possibly Related Posts:


Comments

3 Responses to “i am having my home remodeled, what upgrades will cause an increase in property tax assessment?”
  1. ACME says:

    Yes, anything modern you do will help. [who]

  2. estielmo says:

    Simply replacing worn-out stuff won’t seriously increase the value, unless you go to significantly higher quality. However, CHANGING stuff might. Does the work you will do require permits? Do they do specific walk-through inspections for tax purposes? If the work is not documented or seen, I don’t see how it can affect the valuation. [who]

  3. John J says:

    As a general rule of thumb – if you don’t need to get a permit for the work, it may not affect your assessment.

    Examples:
    Flooring is generally considered maintenance and should not trigger an increase.

    Siding, windows, new furnace, new electrical service, air conditioning, bathroom or kitchen remodel, etc…. Could very well result in an increase.

    Of course electing local officials who like to tax and spend will increase your property taxes almost every time. ;-)

    Enjoy [who]

Speak Your Mind

Tell us what you're thinking...