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That table of most expensive cities is interesting. Given how Proposition 13 works, the assessed value of places in various cities might be more a reflection of
by slackpad 12y ago
That table of most expensive cities is interesting. Given how Proposition 13 works, the assessed value of places in various cities might be more a reflection of how actively things are turning over than how much they are actually worth. The old house we rent in Manhattan Beach has an assessed value of like $88,000 since the landlord has owned it forever but if we bought it the value would jump to like $1.7 million. It would be cool to integrate this data with estimated house values from Zillow to see how much that skew is per city.
- thrownaway2424 12y agoYou could just to a bileaner filtered surface over recently sold houses in your town to more or less fake the same result. Just subtract the assessed value from the height of the approximate surface.