• Lovable Sidekick@lemmy.world
    link
    fedilink
    English
    arrow-up
    0
    ·
    1 day ago

    Yes, you an come up with edge cases like McMansions next to golf courses, but houses on identical lots right next to each other can have different values and pay different property taxes even though they take the same amount of city services. Remodeling a house, or even just painting it frequently and keeping the yard nicer than others, doesn’t make you consume more city services, but it will raise the home’s assessed value and property taxes. That’s a false link.

    • grue@lemmy.world
      link
      fedilink
      arrow-up
      0
      ·
      1 day ago

      Putting a second story on likely includes increasing the number of bedrooms, which theoretically increases the number of people who could be living there and thus increase the burden on city services. Renovating for quality and building additions to the square footage aren’t equivalent.

      I think lot sizes are still a much bigger factor, though: a house renovated/rebuilt to max out the allowed FAR (floor-area ratio) on a 1/4 acre lot still ought to get taxed less than a modest-sized house on a 2-acre lot.