The Property Tax System is Broken—Regrid Works on Tools to Help Fix It
The property tax system is broken all across the nation. In Detroit, residents face an issue of inconsistent assessments, where two homes that are similar in condition and sitting on similar-sized lots have widely different assessment scores.
Recently, the team at Regrid, an industry-leading property data and location intelligence company, put together an Assessment Gauge map that may prove to be a useful tool for homeowners, assessors, or nonprofits in bringing a much-needed balance to overassessments.
Today on the Strong Towns Podcast, Chuck Marohn welcomes back Alex Alsup, vice president of research and development at Regrid, to talk about assessments and the property tax system in Detroit, how the Strong Towns approach worked for Alsup and his team, and an overview of the assessment process.
Read more about the Assessment Gauge in the article “Check Your Temperature- You Might Have an Assessment Fever.” To learn more about Regrid or get access to their parcel data, click here.
ADDITIONAL SHOW NOTES
On this episode of the Strong Towns Podcast, Chuck answers housing questions submitted by Ohio State University students, covering topics from the history of the housing market to financing housing development.