Home address: 14359 Chadbourne Dr
2021 Tax Assessment: $875,935
Recent Sales Price: $498,625 – Over-taxed by 76%
Most homeowners who do not appeal annually pay excess property taxes. Either comparable sales or condition issues at your home are useful for a market value appeal of property taxes. An unequal appraisal is a powerful tool to reduce property taxes, but many homeowners are not aware of it and don’t use it. 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. 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. Most tax protests are settled at the informal level so appraisers can return to measuring and valuing new construction. Appraisal property taxes, yard work, and HVAC check-ups are just a few of the responsibilities for homeowners.
