Making Home Improvements
HOMEOWNER'S GUIDE TO ASSESSMENTS AND PERMITS FOR HOME IMPROVEMENT
Some people are reluctant to make improvements to their property for fear that their assessment, thus their taxes will go up. This guide is intended to assist you in knowing which improvements may impact your assessment and which ones probably will not.
Beyond that, your home is without question the largest single investment most of us will make in our lifetimes. Keeping your property up and making improvements to your home can only pay off in the long term. If everyone does the same, not only will the value of our property increase, but the value of the neighborhood and our collective quality of life can only go up.
It is the policy of the City of Troy to encourage all property improvements…
Especially those which brighten up your home, your neighborhood and our city, but do not add to your property’s assessment value.
“Assessment” is an official valuation of real property based on the property’s market value for the purpose of taxation. All properties within the city are assessed including those properties entitled to tax exemption.
While many items listed below fall within the scope of normal maintenance, the policy of no assessment increase can not apply when items are grouped so that the total change in the property results in a substantial increase in the value of the property.
UNASSESSED HOME IMPROVEMENTS
Normal maintenance and repair jobs which can be done to protect your property investment without increasing your property assessments.
No Permit Required*
§ Exterior painting
§ Repairing or replacing exterior trim
§ Minor repair of existing porches or steps
§ Repairing sidewalks or driveways
§ Repointing, repairing or cleaning brickwork stone or other masonry
§ Improving lawns or landscaping
§ Adding or replacing gutters or downspouts
§ Replacement of plumbing fixtures
§ Adding exterior lighting
§ Repairing existing fencing
§ Installing weather stripping, storm windows and doors
§ Interior painting and wallpapering
§ Repairing existing walls and ceilings
§ Installing carpeting
§ Water heater replacement
§ Utility sheds less than 100 sq. ft.
§ Removing existing porches or sheds larger than 100 sq. ft., additions or garages
§ Adding or replacing above ground swimming pools
§ Remodeling, alterations and repairs that include changes to or replacement of portions of the structural system of the building (structural system includes all framing, masonry and sheathing materials)
§ Replacement of roofs where structural decking is replaced
§ Construction of decks and stairs
§ Installing new or replacement of fences
§ Major plumbing additions or replacement**
§ Major heating changes (i.e. furnace replacement)**
§ Exterior repairs where the work to be done, including scaffolding or ladders used, extends beyond property lines
§ Replacing existing ceiling and wall materials (plaster, etc,) in buildings of two families, or more
§ Replacing windows
§ Adding or replacing wood-burning stoves or fireplace inserts
* Where the work to be done, including the placement of scaffolding or ladders, does not extend beyond property lines.
**Where no new rooms are added.
Note: All exterior improvements to historic property and/or property within an historic district will require a building permit and a historic district review.
ASSESSED HOME IMPROVEMENTS
Extensive improvements which substantially increase the value of your property will affect the assessment.
§ All new structures or additions to existing structures
§ Major exterior structural changes
§ Interior alterations which provide additional rooms
§ Adding new basements where non exist
§ Changing from one-family to multi-family use
§ Changing from multi-family to one-family
§ Adding central heating or central air conditioning systems
§ Adding fireplaces
§ Converting a room in a residence into commercial use (i.e. home occupation)
If you have any questions please contact the City Assessor’s Office at 270-4408 or the Bureau of Code Enforcement at 279-7180.