We believe that a $1,000 tax reduction equals about $10,000...

We believe that a $1,000 tax reduction equals about $10,000 more on the overall value of your home, ... If you were in the buyer's market and you were considering two similar homes on the same block, and one has taxes of $10,000 and the other $9,000, wouldn't you pay $5,000 or even $10,000 more for that home? Most people would, since they usually plan to stay there for at least 10 years.