Home address: 20827 Keenan Cut Off Rd
2021 Taxable Value: $379,560
Recent Sales Price: $301,500 – Over-taxed by 26%
Property tax assessments not carefully reviewed lead to paying more than your share of property taxes. Most market value protests are successful, typically saving the owner hundreds or thousands of dollars. You can reduce your property taxes with an unequal appraisal appeal. Appraisal districts are generally very receptive to settling tax appeals at the informal hearing.
Some property owners do not appeal due to a concern the appraisal district will want to inspect their house. However, the appraisal district is MUCH too busy during the appeal season to even think about asking to inspect a property. Assessors do not visit houses because of appeals. It is difficult for appraisal districts to accurately value houses due to limited staff. Appraisal districts aggressively settle appeals since they have only 65 days to settle most of the appeals. Property owners have a duty and responsibility to appraisal property taxes annually. It is not prudent or reasonable to rely on the appraisal district’s estimate.