How would my property taxes change if I enlarge the square footage of my family room and kitchen, add a patio, and replace my shake roof with a tile roof?
Any addition to your existing home, including outdoor additions, such as patio covers, pools, spas, decks, sunrooms and flatwork, would cause a reassessment of the portion of the property that was newly constructed. The assessed value of any existing portion of your property, whether land or improvements, would not be affected by the addition, and thus, would not be reappraised. The increased tax amount based upon the new construction will be determined by the estimated market value of the new construction and will not necessarily be the cost of the new construction. Replacing your shake roof with a tile roof, however, would not be considered new construction since this type of improvement is considered routine maintenance; thus, any increase in value due to this factor would not be reassessable.
Related Questions
- How would my property taxes change if I enlarge the square footage of my family room and kitchen, add a patio, and replace my shake roof with a tile roof?
- I have created a room and would like to know the square footage is. What is the fastest and easiest way to determine this?
- Is the square footage calculated by adding up the dimensions for each room?
