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Updated almost 4 years ago on . Most recent reply

Leon Doucette's profile image
Leon Doucette's profile image
Leon Doucette
  • Flipper/Rehabber
  • from Halifax, NS
  • Member since May 13, 2021
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User Stats

46
Posts
18
Votes
Leon Doucette's profile image
Leon Doucette's profile image
Leon Doucette
  • Flipper/Rehabber
  • from Halifax, NS
  • Member since May 13, 2021
Connect
Leon Doucette
  • Flipper/Rehabber
  • Halifax, NS
18
Votes |
46
Posts
Canadian Real Estate

What causes property assessment values to drop

Leon Doucette
  • Flipper/Rehabber
  • Halifax, NS
Posted

Just getting into real estate investing looking to purchase first property. My question is the property I'm looking at was assessed in 2014 for $104,400 and today it's assessed at $49,900. It's an old property and in need of some repair. Sure this has something to do with this. What other factors cause this? Any help greatly appreciated.

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