Sean and Linda Walsh live in a ranch-style home along a bike trail and on the edge of Lorall Lake in Lancaster. Their assessment is $540,000, a figure that matches the home’s fair market value. Just 4 miles away, a similar home has the same $540,000 market value but an assessed value of $328,000. So, while the Walshes pay $14,112 in county, town and school district property taxes annually, the owners of the other home pay $8,422. Read the entire article……………………………….
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