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Of course home's market value, accessed value and tax rates will change but this is historic difference between A & B's tax rates and appreciation values are somewhat similar as well so roughly one would save 0.5% annually and 0.5 x 10 savings seems sizeable.
Typically the assessed value (which is what the tax is computed from) is not equal to the house price. In all cases I know of it is less but the relation between assessed value and actual value is, well, impossible to understand.
Of course home's market value, accessed value and tax rates will change but this is historic difference between A & B's tax rates and appreciation values are somewhat similar as well so roughly one would save 0.5% annually and 0.5 x 10 savings seems sizeable.
The math was simple and you already ran it in your first post.
What was your actual question?
You really need to know if house price is close to tax assessment. They can be drastically different and therefore you difference in numbers could also be very different.
The math was simple and you already ran it in your first post.
What was your actual question?
I only wanted to know if it is really as simple as 2+2 or as complicated as an algebraic theorem with other factors that I don't know of.
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