Home address: 28902 Sedgefield St

2021 Taxable Value: $245,280                                                       

Recent Sales Price: $192,700 – Over-taxed by 27%

Appraisal district errors in setting assessed values cause Montgomery County owners to pay extra taxes. Most market value protests are successful, typically saving the owner hundreds or thousands of dollars. Check the unequal appraisal box on the protest form, or your unequal appraisal appeal will be ignored. It is difficult to persuade property owners to protest their property taxes.  But 60 to 80% of those who do are successful. 

Property owners are sometimes reluctant to protest their property taxes because the believe the appeal process is difficult.  It is not difficult and 60 to 80% of owners who appeal are successful. Appraisal districts use mass appraisal to value property, basically a math model.  Overall results are OK.  However, many homes are too high or low. Most tax protests are settled at the informal level so appraisers can return to measuring and valuing new construction. Protest your property taxes on market value and unequal appraisal by May 15th annually. Protest even if you do not receive a value notice.