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re: What's the OT Wisdom on NOLA Assessment Increases / Appeals

Posted on 11/10/19 at 8:48 am to
Posted by Cold Cous Cous
Bucktown, La.
Member since Oct 2003
15042 posts
Posted on 11/10/19 at 8:48 am to
I got my assessment reduced Mitch
Posted by chalmetteowl
Chalmette
Member since Jan 2008
47469 posts
Posted on 11/10/19 at 9:36 am to
quote:

What could be better proof of value


Purchase agreements for similar houses in similar neighborhoods... you can’t just use one purchase to determine value bc you don’t know if it’s overvalued or undervalued

Like if you get your house in a $1 transaction you’re not really expecting to pay taxes on $1?
Posted by kbdos
Uptown
Member since Oct 2005
2056 posts
Posted on 11/10/19 at 12:49 pm to
Mine got reduced by 100k. Still need them to apply the exemption though.
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