SnowRidge said:
Please tell me you are not complaining because the government doesn't demand to come inside your house and inspect it.
Nope, not complaining, just saying it's the same way around here. I really don't like them walking around my property either way. And if they asked to go inside..."got a warrant?" Heck once your house is in the system I bet they don't even get out of the car! In your case as with my old house the whole area went up the max 10% every year. In Harris county I think it can only go up more than 10% if you have new construction, remodel, etc or if they desiginate the area a "transition" neighborhood. IE the West U area in Houston, people buying lots for more than the house is worth (50+yo house), then a tear down and rebuild. they shot up the value on the old houses for this.
The whole appraisal thing is funny, most of us want it low when we live there and high when we sell to justify the asking price. And if a house in a neighborhood sells for double of the comps...I'd say you have a GREAT realtor! My house is worth about 200, if I listed it for 360, or 300, or 275 I'd probably get zero looks no matter what it looked like inside! And personally I would not buy one that far out of wack if all the comps were staying flat.
Right now my house is appraised (by the county) about 20k less than my neighbor, same size house. All I did was go down to the appraisal district and complain. They pulled up the last 5 sold in my neighborhood (didn't factor in sqft, lot size, etc), averaged the price and sqft, calculated my house based on that and said "how about this?". I said deal! This was actaully 4k less than my spreadsheet, pictures, etc I was ready to put on a show with. The whole process took about 5 minutes. This year it went up and I protested. I got my protest time\date but in the mean time my realtor ran a comps for me. Oops, my appraisal is worth 20k less than the actual selling prices. I kept my mouth shut and didn't show up for my protest.
I still wonder why Pineridge didn't want to plug the dehudimitifer back in after the repair? TO keep it back OT that is.
