Home address: 11406 Scottsdale Dr
2021 Taxable Value: $241,500
Recent Sales Price: $187,600 – Over-taxed by 29%
Most home owners who do not appeal annually pay excess property taxes. Most home owners who do not appeal annually pay excess property taxes. Unequal appraisal is a powerful tool to reduce property taxes, but many homeowners are not aware of it and don’t use it. 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 the high chance of success. Appraisal districts use mass appraisal to value property, basically a math model. Overall results are OK. However, many homes are too high or low. One reason appraisal districts are motivated to settle protests is to maintain goodwill with the community. One reason appraisal districts are motivated to settle protests is to maintain goodwill with the community.