Tax assessment is based on land and structural size. It might count porch and pool, but It doesn't count interior improvement. So your expensive granite countertop or gold toilet don't affect tax assessment.
In California "Under Proposition 13, the annual real estate tax on a parcel of property is limited to 1% of its assessed value. This "assessed value," may be increased only by a maximum of 2% per year, until and unless the property has a change of ownership."
同样的邻居两所房子，面积结构完全相同，估价差一倍，能是什么原因？
谢谢
Tax assessment is based on land and structural size. It might count porch and pool, but It doesn't count interior improvement. So your expensive granite countertop or gold toilet don't affect tax assessment.
In California "Under Proposition 13, the annual real estate tax on a parcel of property is limited to 1% of its assessed value. This "assessed value," may be increased only by a maximum of 2% per year, until and unless the property has a change of ownership."
So are you in CA?