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California property tax. We are about to do an addition for…

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California property tax. We are...
California property tax. We are about to do an addition for about $100k. Does that add $100k to the County's Assessed Value or is the entire property reassessed?
Submitted: 1 month ago.Category: Tax
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Answered in 1 hour by:
3/15/2018
Tax Professional: Barbara, Enrolled Agent replied 1 month ago
Barbara
Barbara, Enrolled Agent
Category: Tax
Satisfied Customers: 5,794
Experience: 20+ years of experience in tax preparation; 30+ years of experience as a real estate/corporate paralegal.
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Welcome to Just Answer. My name is ***** ***** I will be happy to assist you.

Only the value added of the new addition/construction will increase your current assessment. For example, if you build a family room, only the value added of the new construction will be added to your current assessment. The existing home will not be reassessed for tax purposes. ​

The added value of the new addition may not necessarily be your cost to install the new addition.

Please let me know if I can assist you further.

Thank you and best regards,

Barb

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Tax Professional: Barbara, Enrolled Agent replied 1 month ago

Just following up with you to see if you have any other questions. If so, please let me know so I can continue to assist you.

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Customer reply replied 1 month ago
what if we replace our roof for the entire house at the same time? Is only the square footage for the addition added to assessment?
Tax Professional: Barbara, Enrolled Agent replied 1 month ago

It will be based on the value the roof adds to the house.

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