Editor’s note: This letter is by Tom Licata, a resident of Burlington.
Burlington City Councilor Joan Shannon, who once lived in the house which I now reside in and thus knows our neighborhood, writes “Each neighborhood has a base value for a lot. … The fact that your house is located in your specific neighborhood is going to be the key driver in your lot value.”
City Assessor John Vickery’s “Official Notice of Appraised Value Change,” dated April 8, 2021, states “[T]he market values of properties have increasingly diverged … in ways that are not even across Burlington [neighborhoods].”
Thus it is self evident that one’s neighborhood is the key driver in one’s home valuation and that homes in one’s neighborhood should be similarly valued.
My lot, which is a corner lot, the lot once owned by City Councilor Joan Shannon, shows a land value of $24.35 per square foot. The corner lot just across the street from me — a mere 30 feet away or so — is valued at $18.44. This nearly 25% differential would result in my home’s valuation decreasing by some $56,000. Yet, the home just next to mine — a mere one foot away or so — is valued at $26.79.
I’ve found other glaring disparities among the other homes in my “neighborhood” and I’m sure that readers on this Front Porch Forum would find similar glaring inconsistencies in their “neighborhood.”
My point is that the city of Burlington’s appraisal process is “systematically” flawed and it can’t be solved by placating a few vocal and loud protestors, such as me. This became more evident to me after my recent Zoom Property Valuation Appeal Hearing with Tyler Technologies.
City Councilor Joan Shannon, City Assessor John Vickery, et al. don’t want to admit this very expensive and burdensome reality. They wish to cloak it in long and rambling prose such as Councilor Shannon’s Front Porch Forum post titled “More Insight on the Reassessment Process and Appeals,” to which I am now responding.
Quoting Shakespeare: “Something is rotten in the state of Denmark.”