Lower Priced Houses are Over Assessed
This is a disturbing trend which I just read in the Washington Post. Analysts have reviewed millions of assessments and reached the conclusion that lower priced houses are over assessed resulting in disproportionately high taxes. This occurs because the lower priced houses are often in below average condition which would result in a low sales price. Assessors don’t usually see this because they usually don’t go inside the house. A weird set of circumstances. Written by Paul Dribin
The St Louis Contrarian 