Posted by BarnyardEngineering on December 17, 2020 at 11:21:04 from (98.17.202.245):
In Reply to: Farming in the Burbs posted by Traditional Farmer on December 17, 2020 at 08:52:25:
They could try jacking up the assessment, but they would have a hell of a fight on their hands around here.
Then again the taxes are based on the assessed value of the land not on what someone paid for it. Just because someone paid $7M for a 35 acre piece doesn't make it worth more than the $3000/acre it would bring around here.
The house is the primary determining factor in the value of a property. No million-dollar McMansion, no high-dollar assessment.
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