Issues with house value | Hudson Star-Observer | Hudson, Wisconsin

Issues with house value | Hudson Star-Observer | Hudson, Wisconsin: "roughly 84 percent of the houses sold in St. Croix County are not included in valuing your house for property tax purposes. However, as you know if you have tried to sell a house, 100 percent of the houses sold are used to determine what the potential buyer will pay for your house.

If the valuation of every house in the town of Hudson was decreased only 8 percent this year and was increased the previous years, perhaps the assessments, while still inflated, are probably fair across the board. However, houses that sold at a significant loss are assessed at a significantly lower cost than previous years. Homeowners that have been able to weather this housing collapse will be paying higher taxes and carrying more of the burden due to an inflated valuation that is not fair market value."