Home address: 215 Clear Water St E
2021 Taxable Value: $265,550
Recent Sales Price: $189,000 – Over-taxed by 41%
Property tax assessments not carefully reviewed lead to paying more than your share of property taxes. Appraisal districts are flexible on market value appeals given the large number of houses they value and that are protested. 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.
Many owners intended to appeal but the May 15th date slipped by with no appeal. If you want to appeal and it is slipping your mind, consider a consultant. Mass appraisal models make it impossible for appraisal districts to accurately value most houses. Appraisal districts settle appeals at the informal level to avoid the time consuming and expensive appraisal review board hearings. Protest your property taxes on market value and unequal appraisal by May 15th annually. Protest even if you do not receive a value notice.