If you'd like to appeal your Madison County, Illinois home's assessment -- that includes homes in Edwardsville, Glen Carbon, Maryville, Troy, Collinsville, Granite City, etc. -- you only have until September 12, 2011 to get the paperwork and supporting materials to the Madison County Board of Review.
The Madison County Board of Review requires that homeowners who want to file a complaint must fill out a form listing a wide variety of information about the property in question and also submit supporting documents such as comparable sales, or construction cost, or an appraisal or an operating statement for the last two years for income property.
If you've just recently purchased your home, you can include copies of your closing statement showing a value lower than your home's current assessment.
Here's a link to the Madison County, Illinois website from which you can download the Residential Complaint for Assessment Year 2011 form. The form also includes an instruction sheet that will answer many of the questions you might have about the process.
What are grounds for a residential assessment appeal?
According to Madison County, they include: over valuation, unequal treatment in the assessment process, contention of law, property that has been assessed twice in the year or condemnation. There also is a blank for "other" in case your situation is not listed.
If you so desire, you also can tell the county that your assessment is not high enough versus similar properties on the same form. I bet most people aren't rushing to do that.
Good luck with your appeal!
Edwardsville Illinois Real Estate Market Report YTD Thro
ugh August 2011
Year-to-date through August 2011, 202 homes have been sold in Edwardsville, Illinois. That's down 13.3 percent from the 233 homes sold by the end of August in 2010.
Right now, 186 listings are currently under contract, down five percent from pending sales on the books year-to-date in 2010.
The average selling price in Edwardsville through August 2011 is $217,140, just 2.8 percent lower than 2010.
Average days on the market have risen to 170, up 16.5 percent from 2010 when the average house in Edwardsville stayed on the market 146 days.
What does this mean? Fewer homes have sold during the first half of the year in Edwardsville, but pending sales have risen to within five percent of the prior year, a good sign. The average selling price is holding its own with less than a three percent dip from last year. And homes are taking longer to sell with the average number of days on the market experiencing a fairly significant increase.
So, if you're selling your home, make sure it stands out against the competition in price and condition so you can help it sell efficiently. If you're a buyer, now is the time to make a decision and place an offer before prices, which are stabilizing, rise and you've missed your best opportunities.
Since I got my real estate license in 2005, I've heard all kinds of complaints from buyers about the house they
ended up choosing. Even with an agent helping you focus on making the right decision, sometimes a buyer just falls in love with a house and all logic goes out the window and the purchase becomes emotional.
You can learn from the mistakes of other buyers. Here are the 5 of most frequent things I've heard over the past 6 years...
1. I hate the neighborhood. Drive by your target house MULTIPLE times at different times of the day and night. What seems like a quiet neighborhood during your Sunday morning showing could be completely different when the bar district 5 blocks away gets hopping on Friday night. Realtors like to use the "N.A.T." approach to finding out information about the area - Neighbors Always Tell. Go knock on a door or two and chat up the neighbors to find out the real scoop.
2. I can't afford these power bills. That charming Victorian may be full of character, but one thing it may not be full of is insulation. This is especially true if the upper rooms are finished attic space. Also, don't be fooled by windows that look new in an older house - many times they are single pane glass which is not energy efficient.
3. The floor plan isn't functional. Sure, that house looked adorable all dolled up with staging materials. The paint was neutral, the cabinets and counters were new, heck it even had stainless appliances... but did you notice all the bedrooms are upstairs and the only bathroom is downstairs? That's right. Better cut off all liquids 3 hours before bed or be prepared to sleep on the couch.
4. The zoning is completely ruining my re-sale value. Look carefully at the surroundings of your target house. Is there an apartment building across the street? A gas station next door? If your new home is in a mixed use area, be prepared to make a price adjustment downward when you have to sell it.
5. The street is too busy. The first lots in the subdivision are usually corner lots and look great, but every single person that lives in that neighborhood is going to drive past your house when they are coming or going. Also, houses that are located on a busy street are a turn off for future buyers and will impact your resale value.
You can avoid making these mistakes by working with an agent that helps you focus, not only on the things listed above, but other really important things you may not think of. For example, that 1960s ranch that is a time capsule in need of updating might need some work compared to the recently remodeled two-story - but if that 60s ranch is in a great location, on a quiet street, has a functional floor plan and good "bones", you will be much happier in the long run.

Varsity
Saturday 8/28 11:00AM @ Lincoln Way East
Saturday 9/4 7:00PM vs. Bogan High School
Friday 9/10 7:00PM vs. Belleville East High School
Saturday 9/18 1:00PM @ East St. Louis Senior High School
Friday 9/24 7:00PM vs. Collinsville High School
Friday 10/1 7:00PM @ Granite City High School
Friday 10/8 7:00PM vs. Alton High School
Friday 10/15 7:00PM @ O'Fallon High School
Friday 10/22 7:00PM @ Belleville West High School
Sophomore
Saturday 9/11 11:00AM @ Belleville East High School
Monday 9/20 4:00PM vs. East St. Louis Senior High School
Saturday 9/25 11:00AM @ Collinsville High School
Saturday 10/2 11:00AM vs. Granite City High School
Saturday 10/9 11:00AM @ Alton High School
Saturday 10/16 11:00AM vs. O Fallon High School
Tuesday 10/19 6:00PM vs. Rockwood Summit High School
Saturday 10/23 11:00AM vs. Belleville West High School
Freshman
Saturday 9/4 9:00AM @ EHS JAMBOREE
Saturday 9/11 9:00AM @ Belleville East High School
Saturday 9/18 9:00AM @ East St. Louis Senior High School
Saturday 9/25 9:00AM @ Collinsville High School
Saturday 10/2 9:00AM vs. Granite City High School
Thursday 10/7 5:00PM @ Staunton High School
Saturday 10/9 9:00AM @ Alton High School
Saturday 10/16 9:00AM vs. O'Fallon High School
Saturday 10/23 9:00AM vs. Belleville West High School
Ebbets Field is an upscale neighborhood in Edwardsville is located off Gerber Road near Goshen Road. It is east of IL-159 and close to schools, shopping and the new YMCA Meyer Center.
Click here to see details and pictures of homes currently for sale in the Ebbets Field.
Ebbets Field is located in the Edwardsville School District. See anything you like? Call, text or email and we'll see if the homes in Ebbets Field will meet your needs.
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