[quote=“badazzss,post:31,topic:34119"”]
assessments are always significantly less than selling prices of houses… and they’re not exactly based on the sales price.
[/quote]
Not in Williamsville. When a house sells, selling price = the new assessment. Happened when I bought mine and as happened to the 3 others that have sold on my street in the past 5 years.
Think about it. What better way to assess what a property is worth than look at what it just sold for. The biggest thing the assessor uses when determining a propertie’s assessed value is what similar houses in the area are selling for. In the case of a house that just sold he doesn’t have to look at similar properties and estimate because he knows EXACTLY what it was worth.