<prompt> Human: A few months ago, I purchased a house for 225,000. The appraisal from the bank for the loan put the value at 228,000. I just got a notice that the county put the property value at 185,000. Last year before I moved in, they valued it at 199,000. They have given me 30 days to contest this.I have not made any significant changes to the house, and I have kept it well-maintained. As far as I know, there have been no major changes to the neighborhood.I am planning to stay for at least 5 years or more possibly life, so maybe this is a good thing since it will presumably decrease my property tax. On the other hand, if and when I sell the house, I assume I want the value as high as possible. What do you think rpersonalfinance? Should I contest it, or not worry and enjoy the lower taxes?  <response>: The county is assessing for tax purposes. While this MIGHT affect the price when you go to sell the appraisal and cost of similar homes in the are will have a far greater effect. Enjoy your tax break. 