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Appealing property tax increase? Are there risks? : DC has decided to increase the assessed value of my apartment by $50,000 just over the last year (and ~$20k the year before). Over this period of time, the estimates on Redfin/Zillow have actually decreased, and those estimates don't take into account other emergent problems with the building that would likely decrease value. HOWEVER--even these increased values are still lower than what I bought it for and hopefully still less than it's worth. So my questions are: Is there a risk that appealing the increase leads the assessors to decide that it's actually worth more and further increase the assessment? Has anyone had any success appealing these? Thanks Full Article

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