The ProPublica/Tribune research published this year was only the culmination of many years of research showing that wide swathes of the county -- largely to the south and west of Chicago and southern suburbs, but in many other places as well, especially where immigrants live -- were substantially overassessed
. A similar series showed dramatic underassessment of downtown commercial properties, and gross neglect of outlying commercial properties as valuations didn't change by a dollar for close to a decade.
Detroit are overassessed
by at least five times, and the slow and
Property may be under- or overassessed
and favoritism may creep in.
Estimation results indicate that on average structural improvements are overassessed
by about 22%, though this does not imply that the property itself is overassessed
(the land may be underassessed).
The state department has said it overassessed
the value of property of the computer chip manufacturer in recent years.
for the production of weaponry after the owner dramatically overassessed
Without insight into current real estate market conditions, your properties may be overassessed
, and you may be paying more real estate taxes than are appropriate.
"Never has been overassessed
- I don't share the handicapper's flattering opinion of the horse, even though I am probably fonder of the horse than he is.
Wilson estimates a majority of downtown North Bay commercial properties are "100-per-cent" overassessed
and cites one property being assessed at $189,000, which sold for $55,000, another assessed for $290,000 and sold for $140,000.
``People say children are overassessed
but that's because they are doing lots of high stakes tests which means high pressure.
If the real estate market declines sharply during the revaluation or soon after, the County will once again face angry and overassessed
(In fact, a CPA who performs an appraisal may be in violation of the state's appraisal laws.) If an initial review indicates that the property is overassessed
, it should be determined whether the difference in value warrants hiring an appraiser to give an opinion.