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Old 10-12-2010, 08:08 PM
 
Location: Bellevue, WA
1,487 posts, read 3,747,097 times
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As we continue to look at houses in Lower Westchester, we've noticed that 2 of our top communities, Edgemont and Larchmont showed horrifying average jumps in their property tax assessments from 2008 - 2009 (50% and 30% each). What in the world happened? I know everyone seems to shrug off the taxes here but truly, this is outrageous. Surely there must be some reason for this. Are any communities trying to really hold the line on them?

I realize that it's still cheaper than paying for private school but even the toniest areas have median incomes under $100K - you can't possibly raise their taxes $6K+ in one year without warning without all hell breaking loose, can you?
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