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Updated about 9 years ago on . Most recent reply

Mark Brazier's profile image
Mark Brazier's profile image
Mark Brazier
  • from Bracebridge, Ontario
  • Member since Oct 29, 2015
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Mark Brazier's profile image
Mark Brazier's profile image
Mark Brazier
  • from Bracebridge, Ontario
  • Member since Oct 29, 2015
Connect
Mark Brazier
  • Bracebridge, Ontario
5
Votes |
22
Posts
Mortgage Brokers & Lenders

Re-appraisal downsides??

Mark Brazier
  • Bracebridge, Ontario
Posted

I'm looking to get my home re-appraised for leveraging purposes. I am not positive what it is assessed or appraised at currently but I paid 200k for it and I'm estimating a current appraisal of 230-250k. I am wondering if there are any increases in property taxes etc. if my home becomes more valuable through the appraisal. If there are anything else that anyone can add feel free. I'm located in Ontario.

Thanks

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