Many years ago, my wife and I purchased two lots on the lake to build on when we retire.
We built a new house, doing nearly all the finishing work myself to save money.
When I saw the recent lot reassessments I almost had a stroke — nearly DOUBLE?
Worse, my neighbor’s lot, very small but yes, on the lake, went from an appraised value of $175,000 to; get this, $377,000 — for a lot. He’d gladly sell it for that.