Does anyone utilize "Tax Assessment" when gathering comps for a deal? It seems like tax assessment could be a helpful additional source for calculating comps, since the tax assessment is made independently by a municipality. Does that make any sense?
Here in California the tax assessments often times way off from what the home is worth (Because they only get initially assessed at the point of sale. Not every year) I guess it would depend on your area and how the homes are assessed.
Just my personal opinion...I would stick to regular comps and not tax assessments.
Thanks for that input, @Samuel Pawlitzki .