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Question 4: Suppose you own a home that you purchased 4 years ago for 475,000 dollars. The tax assessor's office has just informed you
Question 4: Suppose you own a home that you purchased 4 years ago for 475,000 dollars. The tax assessor's office has just informed you that they are increasing the taxable value of your home to 525,000 dollars. a) How might you gather information to help you appeal the new assessment? (5pts) b) Suppose the house next door is comparable to yours except that it has one fewer bedroom. It just sold for 490,000. How might you use that information to argue your case? (5pts)
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