Home Forums Revaluations Property Upgrades Missed Prior to Re-valuation Reply To: Property Upgrades Missed Prior to Re-valuation

Dave Thompson
Participant
Post count: 10

Hi George,

I think you are well within your rights to adjust the value of the property to reflect the actual improvements. As far as the taxpayer is concerned, he/she got away with a year of a tax bill that was too low. I think you could actually go back to the year of the revaluation and supplement the missing value – just my opinion. I had to supplement several condo taxpayers this year because the multiplier was incorrect for their style of building, resulting in a bill that was too low.

Dave