Home address:5000 Teakwood Trace
2021 Taxable Value: $488,200   
Recent Sales Price:$300,000  – Over-taxed by 63%

Property tax assessments not carefully reviewed lead to paying more than your share of property taxes. One option to reduce your property taxes is to protest the market value. Unequal appraisal appeals are valid when the assessment is below market value. Property tax appeals are often won with a smile and a bit of data.

Some homeowners believe “you can’t fight city hall.”  But property owners win 60 to 80% of property tax appeals. It is difficult for appraisal districts to accurately value homes since they rarely or never see the houses. One reason appraisal districts are motivated to settle protests is to maintain goodwill with the community. Protest your property taxes on market value and unequal appraisal by May 15th annually.  Protest even if you do not receive a value notice.