Home address: 4002 Highland Pass

2021 Taxable Value: $575,390

Recent Sales Price: $427,500 – Over-taxed by 35%

Property tax assessments not carefully reviewed lead to paying more than your share of property taxes. Protest market value, get a few comparable sales as evidence and you are very likely to 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.

Some homeowners do not appeal property taxes because they are not aware of this right. You can and should protest both market value and unequal appraisal annually. 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. One reason appraisal districts are motivated to settle protests is to maintain goodwill with the community. Protest your property taxes on market value and unequal appraisal by May 15th annually. Protest even if you do not receive a value notice.