Home address: 716 Boyd Av
2021 Taxable Value: $284,550
Recent Sales Price: $205,000  – Over-taxed by 39%

Midland County property investors far too often pay excess property taxes. A market value appeal is based on the assessor’s value exceeding the market value of your home. 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.

Many owners do not protest because they do not understand the process.  Most would appeal if they know how easy it is to have a high chance of success. It is difficult for appraisal districts to accurately value houses due to limited staff. Appraisal districts settle appeals at the informal level to avoid the time-consuming and expensive appraisal review board hearings. Protect your home by appealing property taxes annually.