Home address: 7824 Roberta Dr
2021 Taxable Value: $277,347
Recent Sales Price: $154,000 – Over-taxed by 80%
Most homeowners who do not appeal annually pay excess property taxes. Protest market value, get a few comparable sales as evidence and you are very likely to reduce your property taxes. Unequal appraisal appeals compare the level of assessment of your house to comparable houses, typically on a per square foot basis. Appraisal districts are generally very receptive to settling tax appeals at the informal hearing.
Owners are sometimes reluctant to protest property taxes due to a concern their value might be raised. 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. Appraisal districts use mass appraisal to value property, basically a math model. Overall results are OK. However, many homes are too high or low. Appraisal districts settle appeals at the informal level to avoid the time consuming and expensive appraisal review board hearings. Protect your home by appealing property taxes annually.
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