It's the same in my area. Chris Story has drafted a bill that would lock in your taxable value at your purchase price. I don't know if it will go anywhere, but it's nice to see someone pushing solutions. I am sure he would be willing to share the current version, if you want to pursue this in your area. Here is a link to his blog.

Story Real Estate

Why Alaska Needs a Fair Tax Act to Fix Our Broken and Regressive Property Tax System — Story Real Estate

Property taxes in Alaska are regressive, unpredictable, and often based on arbitrary assessments. This blog post makes the case for a Fair Tax Act�...