Home address: 1507 Ridglea Dr
2021 Taxable Value: $478,380
Recent Sales Price: $339,000 – Over-taxed by 41%
Most homeowners who do not appeal annually pay excess property taxes. Protesting the appraisal district’s market value will usually reduce your property taxes. Unequal appraisal appeals compare the level of assessment of your house to comparable houses typically on a per square foot basis. It is difficult to persuade property owners to protest their property taxes. But 60 to 80% of those who do are successful.
Property owners are sometimes reluctant to protest their property taxes because they believe the appeal process is difficult. It is not difficult and 60 to 80% of owners who appeal are successful. Mass appraisal models make it impossible for appraisal districts to accurately value most houses. Most tax protests are settled at the informal level so appraisers can return to measuring and valuing new construction. Protect your home by appealing property taxes annually.
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