# what do u think about this house??

**URL:** <https://forums.speedlife.net/t/what-do-u-think-about-this-house/34119>\
**Category:** NYSpeed Off Topic\
**Created:** [August 19, 2007, 11:46pm UTC](https://forums.speedlife.net/t/what-do-u-think-about-this-house/34119 "2007-08-19T23:46:01Z")\
**Posts on this page:** 1\
**Showing post:** 36

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**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\
**Post date:** [August 20, 2007, 8:04am UTC](https://forums.speedlife.net/t/what-do-u-think-about-this-house/34119/36 "2007-08-20T08:04:28Z")

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[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.

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