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The county tax assessor's new software threw my home value up 30 grand overnight
I was sitting at my kitchen table last Wednesday checking Zillow when I noticed my house jumped from $240k to $270k with zero explanation. Turns out Mecklenburg County switched to some automated valuation model that apparently ignores what actual houses nearby sold for. So which side are you on, should we stick with human assessors or let computers handle the numbers?
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reese55014d ago
The county assessor software doesn't pull from Zillow, it pulls from the county's own sales records and permit data. Those numbers are probably from closed sales in your area over the last year, not what Zillow's algorithm guesses at.
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OH MAN this is exactly what I was worried about! Algorithms don't know your neighbor's roof is caving in or that the house down the street sold for cash under market value. Computers just look at square footage and zip codes without any common sense. We NEED human assessors who actually come to the property and see the cracks in the foundation. Leave the number crunching to machines but let people make the final call, simple as that.
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