Nashville Homeowner PSA

You may already know this, but it was news to me. I was just checking things out before writing my yearly property tax check (paying yearly will make you a Republican), and I saw this message from Metro Property Assesor Jo Ann North:

2005 was the most recent Mass Reappraisal Year for Davidson County, updating the values on all taxable real properties to achieve equity. A mass reappraisal takes place every four years in Davidson County, so the next mass reappraisal will take place in 2009.

I don’t know what this will mean in your household, but in ours, reappraisal means our annual taxes go up. Most of the time, pretty substantially. It’s like a tax hike without anyone having to take the political hit for instituting a tax hike.

I understand the need for it, and I know, slump or no slump, that property values in Nashville have increased since 2005. It’s just a bummer to have to guess how much my taxes are going to go up, and set aside that much extra each month.   And, heaven help me if I guess too low.

We now have to set aside an amount each month that equals our first house payment. This means:

a) We’re getting old and
b) we should get on our knees and thank God we have the ability to live in a neighborhood where property values are what they are.

However, I still reserve the right to grumble when I write that check.

Anyway, if you live in Davidson county, be aware that this is coming, and that you’ll most likely be paying more in property taxes next year.

P.S. – One of the features I love about the assessor’s site is you can “peek” at your neighbors’ property values. Since my neighbors all put up privacy fences, this is the only voyeuristic fun I get to have anymore.

3 Responses to “Nashville Homeowner PSA”

  1. Volunteer Voters » Assess This Says:

    […] Shoot the Moose reminds you that your property tax is set to go up in 2009. Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages. […]

  2. "John Galt" Says:

    But, the value assessed in 2009 must reflect the current value after the turmoil in the housing market has affected existing as well as new home values.

  3. Music City Bloggers » Blog Archive » Never Neverland Says:

    […] of taxes… Slarti posted a while back that property taxes may be going up. I don’t know what this will mean in your household, but in ours, reappraisal means our annual […]

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