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Pastimes : Where the GIT's are going
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To: ManyMoose who wrote (152210)10/7/2007 1:25:57 PM
From: Alan Smithee  Read Replies (2) of 225578
 
Not true. Your real estate tax bill is based on the assessed value of the house. Most municipalities are on a 4 year revaluation cycle, which means your valuation gets adjusted every 4 years. Value can be a function of square footage, but a 2500 square foot rambler and a 2500 square foot two story with identical values would have the same tax bill.
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