Q: I think my tax assessment is too high, given how bad the real estate market has been performing lately, with so many foreclosures and short sales. I think that I could make a good case that my house is worth less than the town says it is. I’d like to appeal my assessment, but here’s the problem: I am thinking of putting my house on the market later this spring. I know buyers often consider the assessed value of a house when they make an offer. Would I be hurting myself if I’m successful in my appeal?
—Glocester, R.I.

A: Probably, because the amount of money you’d save in taxes would be much less than the perceived drop in value in a buyer’s mind. More…
By June Fletcher, Jan. 28, 2010 WSJ

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