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re: EBRP Property Reassessment (UPDATE in OP)

Posted on 8/29/20 at 6:39 pm to
Posted by SG_Geaux
Beautiful St George, LA
Member since Aug 2004
79560 posts
Posted on 8/29/20 at 6:39 pm to
Yeah it makes no damn sense
Posted by B2 Bomber
Member since Sep 2016
330 posts
Posted on 8/29/20 at 7:36 pm to
(no message)
This post was edited on 11/5/21 at 2:18 pm
Posted by rblank6061
Baton Rouge
Member since Jul 2008
130 posts
Posted on 8/29/20 at 7:38 pm to
Any other Riverbend (BR) residents on Board? Wife and I track homes for sale and prices in neighborhood. They dropped our assessed value by 25%. All local comps show no drop in value recently.
Posted by puse01
Member since Sep 2011
3743 posts
Posted on 9/1/20 at 1:00 pm to
(no message)
This post was edited on 11/15/21 at 8:19 pm
Posted by BHS78
Member since May 2017
3010 posts
Posted on 9/1/20 at 1:49 pm to
Exemption would be over 200k if adjusted for inflation.
Posted by mikelbr
Baton Rouge
Member since Apr 2008
48584 posts
Posted on 9/1/20 at 1:54 pm to
quote:


EBRP Property Reassessment
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.


This board likes to shite Louisiana all the time in favor of Texas. WELCOME TO TEXAS, BOYS!.

Texas does re-appraisals EVERY year(every 2 years in big city) and CADS can automatically increase your assessment by 10% without you having the ability to protest it unless something structurally was damaged.

EBR doesn't reappraise every year. So 20% in one year if the last re-appraisal in 2016, it's more than fair.


You wanna be like Texas....
This post was edited on 9/1/20 at 1:55 pm
Posted by dragginass
Member since Jan 2013
2969 posts
Posted on 9/2/20 at 7:05 pm to
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.
Posted by ell_13
Member since Apr 2013
86695 posts
Posted on 9/2/20 at 7:09 pm to
Excellent news
Posted by MikeBRLA
Baton Rouge
Member since Jun 2005
16896 posts
Posted on 9/2/20 at 7:19 pm to
quote:

"you can't compare to your neighbors"


I don’t think they know how real estate valuation works. Comps are the main factor.
Posted by OysterPoBoy
City of St. George
Member since Jul 2013
40448 posts
Posted on 9/2/20 at 7:45 pm to
Why are you taking money away from poor kids?
Posted by lostinbr
Baton Rouge, LA
Member since Oct 2017
11711 posts
Posted on 9/2/20 at 8:02 pm to
quote:

"you can't compare to your neighbors"



How the frick do they figure out your market value?
Posted by doubleb
Baton Rouge
Member since Aug 2006
40065 posts
Posted on 9/2/20 at 8:15 pm to
Congrats, it’s always good to hear about a win for the little guy.
Posted by browl
North of BR
Member since Nov 2017
1571 posts
Posted on 9/2/20 at 8:48 pm to
quote:

dragginass


Was this on the phone? In person?

Nice job by the way.
Posted by deltadon
River City
Member since Oct 2016
320 posts
Posted on 9/2/20 at 9:22 pm to
Drop those tips and talking points lol
Posted by White Bear
Yonnygo
Member since Jul 2014
16299 posts
Posted on 9/2/20 at 9:29 pm to
Reassessment year. Bossier went down a little on the house, but 23% increase on business. Fkn theives.
Posted by White Bear
Yonnygo
Member since Jul 2014
16299 posts
Posted on 9/2/20 at 9:31 pm to
quote:

EBR doesn't reappraise every year. So 20% in one year if the last re-appraisal in 2016, it's more than fair.
. bullshite. If the mkt is flat the assessed values should reflect same.
Posted by dragginass
Member since Jan 2013
2969 posts
Posted on 9/3/20 at 5:32 am to
quote:

"you can't compare to your neighbors"


What they were trying to say was some elderly people have theirs frozen, etc. I told her "ma'am, I know my neighbors". A few on my street are frozen but my assessment was way higher than the ones that aren't.

You do have to go in person, they won't discuss much over the phone. Tomorrow was the original end date to appeal it....I'm not sure if they extended it or not from the storm closures last week.
Posted by Oilfieldbiology
Member since Nov 2016
39771 posts
Posted on 9/3/20 at 5:34 am to
Mine went up 10%
Posted by Oilfieldbiology
Member since Nov 2016
39771 posts
Posted on 9/3/20 at 5:35 am to
quote:

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


Funny you say that, we refinanced right before covid. I wonder if that triggered jt
Posted by Godzilla
Baton Rouge
Member since Feb 2009
416 posts
Posted on 9/3/20 at 6:16 am to
My assessment was up 15%. I have a recent appraisal that shows a 5% increase. I brought that to them and they reduced the assessment to the appraised value.
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