| Author |
Message |
    
amandacat
Citizen
Username: Amandacat
Post Number: 747
Registered: 8-2001
| | Posted on Friday, January 7, 2005 - 11:08 am: | 
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If one were to rewire one's house, removing all original fabric-insulated armour-coated BX cable and replacing with modern Romex cable, would one's assessment -- and thus property taxes -- be raised?
Please, please, tell me no. |
wharfrat
Citizen
Username: Wharfrat
Post Number: 1490
Registered: 6-2001
| | Posted on Friday, January 7, 2005 - 11:12 am: |
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Are you planning to file a permit? |
greenetree
Supporter
Username: Greenetree
Post Number: 3627
Registered: 5-2001
| | Posted on Friday, January 7, 2005 - 11:23 am: |
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If it is considered an electrical upgrade, the answer is "slightly". In honestly don't know. Are you installing 220 service?
Don't know the answer to Wharfrat's question, but if you have an electrician that is willing to do the work without a permit, you probably have bigger problems than taxes. |
cmontyburns
Citizen
Username: Cmontyburns
Post Number: 607
Registered: 12-2003
| | Posted on Friday, January 7, 2005 - 11:54 am: |
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Obviously, making your home safer (and potentially your neighbor's home safer) shouldn't increase your property-tax burden. However, in our screwed up town, it will.
I'm not shocked at all to hear about people having big electrical jobs done without permits. Too bad people end up resorting to that. It's an unsafe practice, but then again so is encouraging people to keep their old, shoddy wiring with the threat of higher taxes if they upgrade.
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amandacat
Citizen
Username: Amandacat
Post Number: 748
Registered: 8-2001
| | Posted on Friday, January 7, 2005 - 12:13 pm: |
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Well, remember I'm speaking theoretically here . . .
In theory, one would want to file a permit, if only so one could claim credit for the good work one has done on the home when it comes time to sell. That said, one might have a friend in the business -- a friend who is a fully capable, licensed electrician and a colleague of one's husband -- willing to do the job at cost, and possibly without a permit if one asks very nicely. Also, one would probably not upgrade the service to the house at this point, because of the added expense; safety is really the driving factor here.
So, what's the consenus: if one files a permit to rewire one's house, without an upgrade in service, will my -- I mean, one's -- property taxes go up?
(one might be afraid of asking the tax office this question, for fear one's taxes might be raised just for asking!)
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Bobkat
Supporter
Username: Bobk
Post Number: 7161
Registered: 5-2001
| | Posted on Friday, January 7, 2005 - 12:44 pm: |
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You need a permit for this type of work in Maplewood.
I am reasonably certain that like replacing a roof this is considered a repair, not an improvement and the property isn't reassessed. I guess if you added outlets, switches, etc. or upgraded to 200amp service it would be considered an improvement and your assessment would go up. |
wharfrat
Citizen
Username: Wharfrat
Post Number: 1491
Registered: 6-2001
| | Posted on Friday, January 7, 2005 - 12:45 pm: |
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Amandacat-
Check your email! |
jet
Citizen
Username: Jet
Post Number: 683
Registered: 7-2001
| | Posted on Friday, January 7, 2005 - 12:46 pm: |
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I filed a permit upgraded the pwr. & saw no tax consequences. |
Travis
Citizen
Username: Travis
Post Number: 58
Registered: 6-2004
| | Posted on Friday, January 7, 2005 - 2:04 pm: |
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If you don't file a permit and your "friend" screws up, and there's a fire, the insurance company gets a get-out-of-jail card. You don't.
I've seen enough godawful wiring in the last 48 hours that there is no way I'd have someone work on my house's wiring without an inspector looking it over. |
Joe R.
Citizen
Username: Ragnatela
Post Number: 142
Registered: 6-2004
| | Posted on Friday, January 7, 2005 - 2:27 pm: |
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I have never heard of anyone getting an added assessment for rewiring the house or even upgrading the service, unless it is coupled with a renovation/expansion. In the real world, the value added through this process is insignificant. The real value is in your peace of mind. Do it, do it right and faggeddaboudit. |
amandacat
Citizen
Username: Amandacat
Post Number: 749
Registered: 8-2001
| | Posted on Friday, January 7, 2005 - 2:35 pm: |
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Thanks for all the advice, and thanks for the PL, Whatfrat, very helpful. Not 100% sure we'll go ahead with the project -- even at "cost" it'll still cost us a hefty chunk of change -- but thought I should tap all the collective MOL wisdom before making any decisions on how to proceed. |
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