California question: Will a change in assessed square footage affect my property taxes? No known additions.
I bought in 2012. Assessed square footage about 3,100.
Refinancing now. It's a VA loan (2.25% with a point rebate no funding fee I love this country), so a full appraisal is needed. I made the mistake of saying come on in vs. drive-by. The appraiser turned in an appraisal with a 3,400 square footage measurement.
Either her math sucks (my personal opinion, she was gut shooting that laser pointer like she hit a brewery on the way over), or the previous two appraisers missed some additions by the first owners. I know the second owners did nothing and I am the third.
So, are my refi savings going to be cut into by an increase in assessed value? Has anyone hit this problem?
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source https://www.reddit.com/r/RealEstate/comments/jk1bzp/california_question_will_a_change_in_assessed/
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