Home address: 347 Zabra St

2021 Taxable Value: $166,220

Recent Sales Price: $80,000 – Over-taxed by 108%

Property tax assessments not carefully reviewed lead to paying more than your share of property taxes. A market value appeal is based on the assessor’s value exceeding the market value of your home. The lower value stands when appealing market value and unequal appraisal.  Appeal both every year. Appraisal districts are generally very receptive to settling tax appeals at the informal hearing.

Many owners do not protest because they do not understand the process.  Most would appeal if they know how easy it is the high chance of success. It is difficult for appraisal districts to accurately value houses due to limited staff. Appraisal districts usually settle appeals at the informal hearing since it costs less and takes fewer resources. Protect your home by appealing property taxes annually.