The Assessment Picture Becomes More Complete.
No. 813 Yesterday, the South Hills 2013 assessment values were posted on the County’s website. The Eastern suburbs were posted earlier. With the majority of the County up, the big picture is starting to become clearer. Check out your assessment at this link. Take the new value and divide it by the old value. If [...]
Reassessment 2012: Watch out for the Flipper.
Flippers haven’t been much in evidence lately, but keep an eye out for their handiwork, because they can play havoc with assessment values.
Reassessment 2012: Getting all of the information requires logging into two web pages.
The Allegheny County says that assessment numbers to be used in 2013 and comparable sales are now available on the County’s website, but only for City and Mt Oliver properties. Other areas will be posted in coming weeks.
Reassessment 2012: New Values, perhaps but no you-know what.
No. 794 According to the Trib, the new values for 2013 (remember, assessment changes are on hold at 2011 levels for 2012 taxes) are posted on the County’s assessment website for the City of Pittsburgh and Mt. Oliver. We’ll have to take the Trib’s word for it. The page just says 2011 – the [...]
2012 Reassessment: Hearings Begin, But Where Are the Comps?
No. 790 This morning hearings began for the 2012 reassessment. I asked everyone I could when the comps (sales of comparable properties) were going to be posted on the website. Nobody knew. Why do I care? Well, it would be nice to know the comps upon which the outrageous valuation of my client’s property was [...]
Reassessment 2012: Does Rich Fitzgerald Really Believe His Own Message?
No. 787 According to today’s Post Gazette, Rich Fitzgerald says that he will let the current reassessment go through once there is a uniform statewide reassessment program. He says it is unfair for Allegheny County to have assessments based upon current sales data, while the other counties use historic data that, in some cases, is [...]
Reassessment 2012: Show Me the Comps!
All is quiet, for the moment. Informal hearings have been cancelled. The County has certified the 2002 values. But that will probably not stand. Judge Wettick has ordered a number of senior staff of the County Assessment Office to comply with his prior orders, setting the stage for a contempt citation that includes a larger group than County Executive Fitzgerald. And so we wait.
Reassessment 2012: Land Value is Meaningless.
No. 783 I have been hearing from clients with properties in the City that their building values seem reasonable (or even went down) but the land values have soared, making the total much higher. Be aware that the total value is the only number that counts. Nobody buys land and buildings separately. Assuming that there [...]
Reassessment 2012: Fudge Factor?
No. 780 Just a thought: Is the increase in the land component of assessments a way to fudge assessment increases in neighborhoods or locations where the assessors think values should be rising? If so, don’t accept any fudge that is half-baked. [Apologies to King's Family Restaurant for the photo.] CLT
Reassessment 2012: Give Me Land Lots of Land — well, not so much.
No. 779 We’re hearing that the assessors have been increasing the land value in the City on some properties much more than the value of improvements. I saw one today where the building value of a four unit apartment building went down a significant amount but was more than offset by an enormous increase in [...]
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