Assessment wonderment

Published: Tuesday, Aug. 20, 2013 5:30 a.m. CDT

To the Editor:

I stare in disbelief at the new property-tax assessment sent out by our assessment office.

How can this be, I wonder? We are hearing every day that, in most areas of the U.S., properties have stopped decreasing and are now enjoying increases in value. Perhaps not extreme increases, but increases nonetheless.

The statement estimates fair cash value. How ridiculous, and how ridiculous and unfair as well are the so-called comparatives? Let’s take a look at the comparatives: beautiful, well-maintained, updated exterior and interiors, newer mechanicals, professional landscaped properties, and they are being compared with homes in foreclosures, short sales, and estate sales from an older generation that passed away, leaving the responsibility of selling the home to their heirs, who wish not to repair a home in disrepair but rather sell it quickly and be done with it.

Again, I also have been hearing that to lower the taxes that people have been complaining were too high, this was a necessity. That is also ridiculous. By decreasing everyone’s property value, you decreased their equity, their buying power, and their willingness to invest in their home or community or improve it.

Welcome to Depressed Neighborhood. Who will ever be able to sell?

All 2008 Fords are not priced the same on a used car lot. The assessments are unfair.

Elizabeth Anderson

McHenry

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