Home address: 1419 Sugar Creek Blvd

2021 Taxable Value: $952,790

Recent Sales Price: $575,000 – Over-taxed by 66%

Most home owners who do not appeal annually pay excess property taxes. One option to reduce your property taxes is to protest the market value. Property owners can appeal both market value and unequal appraisal. 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 the cost approach to value houses. It is generally considered the least reliable method of appraisal. Appraisal districts are receptive to settling property tax protests for houses at the informal level because it has only a nominal impact on the total tax base. Appraisal property taxes, yard work and HVAC check-ups are just a few of the responsibilities for homeowners.