Sunday, April 14, 2019

Would Somebody Please Explain #2


… the row marked “year remodeled.”  It doesn’t have an “i” link for more information.
How is this defined, and more importantly, what is the impact on valuation?


What constitutes a “remodel?”  Is there some way to distinguish by the year entered in that column that the new counter-top and faucets in the kitchen of property #1 is not equivalent to the full kitchen and three bath gut-and-replace that was done to property #2?  Or is property #1 penalized with the same adjustment calculation as property #2 because they’re both categorized simply as “remodeled?”

And what about patios and decks?  Is there something coded secretly in the measurement of the square footage that indicates that these two patios are not equal?  Or is a patio a patio and a deck is deck in the eyes of the assessor’s office and nothing matters but size?


http://samtheconcreteman-cincinnati.com

I’m willing to bet there isn’t a secret code behind the measurement.  If there is, how was my non-existent 525 sq ft deck coded?

The fact is that the County Assessor’s office is not doing a decent job on the inspections that they’re already required to do by law.  Seems very unlikely they could correctly code the individual property features.

That would be fine if the secondary property aspects were just informational and didn’t actually factor into the assessment calculations.

The problem is that County is still assessing properties using this generic measurement data, so in their calculations, presuming the same square footage, the patio on the left will be valued the same as the patio on the right.

Of course, I could be wrong, but there certainly isn't anything available online for property owners to view.  And even if so, my own experience with my deck makes me highly doubt it would be accurate.



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