Tax Assessment Appraisals- The tax assessment is a tool that local governments use to exact a property tax rate on residents. The local government determines your home’s worth by periodically reassessing the homes in the area that you live in.
If the condition of your home is not consistent with the condition of other homes around you- ,it is important to keep your tax assessment current, and to keep a watchful eye of what is going on in the neighborhood.
The last thing you need is to get overcharged because your neighbors renovated their property, and you didn’t.