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Franktowntiger7
LSU Fan
Member since Dec 2010
1947 posts

Question About Land Assessment

I have found a piece of property in a subdivision that is listed for $33K, all the property around it has an assessed value (not appraised) of 24K. Can I use that to get them down or is appraised and assessed completely different?


Layabout
UNO Fan
Baton Rouge
Member since Jul 2011
8552 posts

re: Question About Land Assessment
The sale price will probably be your new assessment as soon as the assessor picks it up. Land is assessed at 10% of actual value, not 15%. There is no homestead exemption for vacant land.


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