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Updated over 7 years ago,
When does my home get re-assessed for property taxes??
I purchased my CA home in 2011, and it now it is worth roughly double. Of course, the property tax basis is still what I paid for it back in 2011.
We are considering building a large deck in our back yard that we would probably want to get permitted. Will pulling a permit cause my house to get reassessed to the current value? That would effectively double our property tax payment each year, costing us thousands of dollars a year.
But more generally, what are all the things that trigger a reassessment of value for property tax purposes?