Home address: 4311 Montevideo Cir
2021 Taxable Value: $324,338
Recent Sales Price: $170,000 – Over-taxed by 91%
Harris County home owners are often unaware of the factors that cause them to pay extra taxes. One option to reduce you property taxes is to protest the market value. Unequal appraisal appeals are valid when the assessment is below market value. Appraisal districts are generally very receptive to settling tax appeals at the informal hearing.
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. Appraisal districts settle appeals at the informal level to avoid the time consuming and expensive appraisal review board hearings. 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.
