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dragginass
Member since Jan 2013
1853 posts

EBRP Property Reassessment (UPDATE in OP)
Who else got a nasty surprise in the mail? According to the assessor, my house is now worth 20% more than it appraised for just last year. It's a BS money grab. We have just one week to file some sort of appeal, which I have no idea what to provide to them.


UPDATE:


I fought, and won. There were a multitude of excuses from the other side of the counter. "New software", "you can't compare to your neighbors" etc. Ultimately they were reasonable and agreed to lower the assessed value to what I paid at this time last year. It's worth contesting if your assessment is unreasonable.
This post was edited on 9/2 at 7:07 pm


JoeKennedysDrool
LSU Fan
Fall River Garage
Member since Jan 2018
68 posts

re: EBRP Property Reassessment (UPDATE in OP)
I would think having a recent appraisal is a pretty good indication of actual value.....or at least a place to start.


Prosecuted Collins
LSU Fan
The Farm
Member since Sep 2003
5521 posts

re: EBRP Property Reassessment (UPDATE in OP)
Will be adding many traces of blackness to mine before I send in those appeals. Broome is gonna think Kunta Kente lives in Kenilworth.


Bard
LSU Fan
Poli Board President-Elect
Member since Oct 2008
39568 posts

re: EBRP Property Reassessment (UPDATE in OP)
I don't know that we have much room to argue. Ours went up 16% from last year and while our assessment is at the highest end of what similar homes in the neighborhood have been selling for, we have the biggest lot (ie: fighting it would be an uphill battle since they could claim some sort of justification).


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dragginass
Member since Jan 2013
1853 posts

re: EBRP Property Reassessment (UPDATE in OP)
Maybe. It's not an isolated case.

WBRZ story:

LINK


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70
PumpkinPatchKid
Notre Dame Fan
Baton Rouge
Member since Apr 2009
220 posts

re: EBRP Property Reassessment (UPDATE in OP)
Same here. Complete BS. Will be calling as soon as I can to protest.


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110
DJNOS1978
LSU Fan
Baton Rouge
Member since Dec 2013
133 posts

re: EBRP Property Reassessment (UPDATE in OP)
Mine as well. I am going to try and use this to my advantage with investing. Not sure if it will completely work out like I want it though.


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50
MrJimBeam
New Orleans Saints Fan
Member since Apr 2009
5358 posts

re: EBRP Property Reassessment (UPDATE in OP)
Thankfully, mine is the same. I was worried after reading the board and others having decent jumps.


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tom
Baton Rouge
Member since Jun 2007
7565 posts

re: EBRP Property Reassessment (UPDATE in OP)
My rent house is now worth $190/sqft according to the assessor. And the one I live in has appreciated 25% in the 3 years I've owned it.

I must be some kind of real estate genius.


deltadon
LSU Fan
River City
Member since Oct 2016
204 posts

re: EBRP Property Reassessment (UPDATE in OP)
I got it too. Just refinanced our house. Doubt that’s the reason but curious if anyone else got it too or if it’s more generic than that


LSUDAN1
LSU Fan
Member since Oct 2010
6431 posts

re: EBRP Property Reassessment (UPDATE in OP)
It is happening all over the US right now. Not collecting as much sales tax. Got to get one way or the other.


udtiger
LSU Fan
Louisiana
Member since Nov 2006
74155 posts

re: EBRP Property Reassessment (UPDATE in OP)
Haven't gotten it in the mail, but checked the website. $62k increase in assessed value.


StinkBait72
USA Fan
Member since Nov 2011
2031 posts

re: EBRP Property Reassessment (UPDATE in OP)
Ive received new assesments from 5 different parishes in the last month. Its deffinitely widespread.


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80
tonydtigr
USA Fan
Beautiful Downtown Glenn Springs,Tx
Member since Nov 2011
2597 posts

re: EBRP Property Reassessment (UPDATE in OP)
Got two last week. Gotta make up for future tax revenue lost due to St. George and Corona.
Many on here predicted this.


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140
fallguy_1978
LSU Fan
Half mile from St George
Member since Feb 2018
33552 posts

re: EBRP Property Reassessment (UPDATE in OP)
Our assessment went up 11.2%. I'll sell this house to them today for what they say it's worth.
This post was edited on 8/27 at 11:36 am


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280
SoloTiger
Member since Aug 2016
5379 posts

re: EBRP Property Reassessment (UPDATE in OP)
First 8 years of ownership my appraised value was the purchase price of my house.

This year I got an appraisal bump of 9.5%. I don't like it of course by my house is actually still worth about 5% more given current market compared to new appraised value.


dragginass
Member since Jan 2013
1853 posts

re: EBRP Property Reassessment (UPDATE in OP)
quote:


This year I got an appraisal bump of 9.5%. I don't like it of course by my house is actually still worth about 5% more given current market compared to new appraised value.



Likewise, I have no issue paying taxes on what my home is actually worth. Not looking for a discount. However there is zero chance I could sell my house for what they say it's worth. It's not even close to reasonable based on comps.
This post was edited on 8/27 at 11:39 am


DownshiftAndFloorIt
US Space Force Fan
Here
Member since Jan 2011
57412 posts

re: EBRP Property Reassessment (UPDATE in OP)
quote:

my house is now worth 20% more than it appraised for just last year


Mine increased 100% in ascension parish.


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30
OysterPoBoy
USA Fan
City of St. George
Member since Jul 2013
23082 posts

re: EBRP Property Reassessment (UPDATE in OP)
Mine went down. You should have done like us and put up pictures of African American heroes.


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252
Aristo
LSU Fan
Baton Rouge
Member since Jan 2007
12864 posts

re: EBRP Property Reassessment (UPDATE in OP)
Must've taken down all your family photos.


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