HOME OWNER PROPERTY TAX DEDUCTION REVIEW GUIDE

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EXAMPLE TEXT USED IN THE COMPLETE GUIDE

This technique changes the value of the comparable property so that when the values of those properties are compared to the subject property, it yields a better indication of relative value.

TAXABILITY OF RESIDENTIAL IMPROVEMENTS

List A below shows improvement and changes to your residential property that do not require adjustments and generally do not add to your assessed value (except, as noted, if they contribute to a major improvement in the overall physical condition of the residential property).

List B below shows elements that can affect your assessed value and are considered by the assessor when valuing a residential property for assessment purposes.

(List A) Residential Improvements That May Not Increase Your Assessment:

Inside the Residence Outside the Residence
New furnace Repairing masonry
Hot-water heater Roof replacement
Plaster repairs Repair of porch, steps, stairs
Painting, wallpapering Repair fire escape
Small closets or New window sashes & sills
built-ins Insulation
(FULL LIST IS SHOWN IN THE COMPLETE GUIDE.)

(List B) Elements That Could Affect Your Residential Assessment:

Structure (framing and foundation)
Overall quality of the property
Construction (frame, brick, stone, etc.)
Roof (type, slope, presence or absence of gutters/eaves)
Wiring for new fixtures and the fixtures (type and grade)
(FULL LIST IS SHOWN IN THE COMPLETE GUIDE.)