Home address: 3811 Waterbend Cv
2021 Taxable Value: $1,499,810
Recent Sales Price: $950,000 – Over-taxed by 58%
Most home owners who do not appeal annually pay excess property taxes. Appraisal districts are flexible on market value appeals given the large number of houses they value and that are protested. You can reduce your property taxes with an unequal appraisal appeal. Property tax appeals are often won with a smile and a bit of data.
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. Not appealing your property taxes annually is the equivalent of volunteering to pay extra property taxes.