Question

There is no "Improvement value" on the property tax bill for a condo we purchased in 2024. There are "Assessed value" and "School Assessed Value". Which one should I use?

The school assessed value (which is closer to the amount we paid for the condo) is significantly higher than the assessed value.

The school assessed value is the value that the school is taxing you on. You can use that as the 'improvement value' in this instance.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"

Get answers to all your tax questions