Home address: 1091 Pasewark Cir

2021 Taxable Value: $769,935

Recent Sales Price: $470,000 – Over-taxed by 64%

Property tax assessments not carefully reviewed lead to paying more than your share of property taxes. Protesting the appraisal district’s market value with usually reduce your property taxes. The lower value stands when appealing market value and unequal appraisal.  Appeal both every year. It is difficult to persuade property owners to protest their property taxes.  But 60 to 80% of those who do are successful.

Many owners intended to appeal but the May 15th date slipped by with no appeal.  If you want to appeal and it is slipping your mind, consider a consultant. This can’t and does not happen.  Since 2019, neither the appraisal district or the appraisal review board can increase a property tax assessment during a protest. One reason it is difficult for appraisal districts to correctly value homes is they are not homogenous.  Some have been remodeled and some haven’t. Appraisal districts are receptive to settling property tax protests for houses at the informal level because it has only a nominal impact on the total tax base. Property owners who appeal annually rarely pay more than their fair share.