We got our most recent tax assessment a little while back and it looks like our house (actual residence) went up by about $20,000 for some reason. If we were going to stay in the house we may try to protest the increase, but we are actually planning on trying to sell sometime this year.
I'm wondering whether or not it would be a good idea to bother protesting if we're going to be moving out soon anyway. On the one hand it seems like the house will ultimately sell for what it's going to sell for regardless of the assessment and maybe the lower tax hit of a successfully protested house would be appealing to a buyer, while on the other hand it seems like a buyer could use the assessment as a base to make their offer so perhaps leaving it at the higher number would be better. Maybe I don't really have any idea what I'm talking about either way since I don't really follow real estate.
Any advice?
I'm wondering whether or not it would be a good idea to bother protesting if we're going to be moving out soon anyway. On the one hand it seems like the house will ultimately sell for what it's going to sell for regardless of the assessment and maybe the lower tax hit of a successfully protested house would be appealing to a buyer, while on the other hand it seems like a buyer could use the assessment as a base to make their offer so perhaps leaving it at the higher number would be better. Maybe I don't really have any idea what I'm talking about either way since I don't really follow real estate.
Any advice?
