We got a letter from the State of Maryland a few weeks ago that I’m just following up on now. According to them, our home assessment (and thus our tax rate) has been reduced by $75,000 to a figure that’s still comfortably greater than the purchase price but still dramatically lower than the Zillow estimate online. From all I can gather, this means our house is still worth more in real-market value than we’re now going to be taxed for, even though we have a long way to go before it stands up to other houses in the area.