DeKalb's Low Property Values: Not My Neighborhood

Posted by Daniel Jones on Jun 9, 2011 5:56:00 PM
As reported in the AJC DeKalb County cut property values in some upscale neighborhoods based on distressed sales and the loss of six appraisers to a higher pay scale in Fulton County. Huh? Values in Candler Park were slashed because some appraisers left? Sounds like a managerial problem to me. In other neighborhoods some property values plunged and some dropped by a reasonable amount. Sounds like those six appraisers left a present for the management.

As I have said the value of my little slice of DeKalb County only fell 2% according to the County. In a subdivision not far from my house a friend's value dropped over 20%. She said she has been on DeKalb's website trying to figure out what happened, but values in her subdivision are all over the board. Overall DeKalb's tax digest fell 13%, while Gwinnett's fell 9% and Fulton's fell approximately 8%.

The deadlines to appeal in Gwinnett and Cobb Counties has passed but there is still time to appeal your property tax assessment in Fulton and DeKalb Counties. After the DeKalb County Commissioners said over and over that they would not raise the tax rate they are now considering a 4.5 mill increase. Don't get caught paying more tax on an unchanged or little-changed assessment.
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