<prompt> Human: Since we bought our home 2 years ago, we have renovated the kitchen and added egress windows to 2 rooms in the basement. The city sees the home as a 2 bedroom 1 bathroom although there is a bathroom in the basement. Would it be worth the extra property taxes to update the city on the work done to the home?Would this allow us to refi and put the gained value towards the new mortgage?  <response>: Did you not get permits to have the work done? If you did, presumably the city andor the county already know. Sometimes such things trigger an automatic reassessment eventually there may be a backlog before it shows up. Depends upon the city, county, and state. 