I got my new property assessment for 2008. My assessed value went up 32% in one year. Luckily, that only translates into a $100 tax increase for the year.
The moral of the story: If there's any way you can NOT tell city hall you finished your basement....
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...or that you actually have a view of the lake AND a remodeled kitchen. shhhh, I won't tell if you don't.
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