Home address: 2011 Country Mile Ct

2021 Taxable Value: $291,060

Recent Sales Price: $220,000– Over-taxed by 32%

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 mass appraisal to value property, basically a math model. Overall results are OK. However, many homes are too high or low. Appraisal districts usually settle appeals at the informal hearing since it costs less and takes fewer resources. Property owners have a duty and responsibility to appraisal property taxes annually. It is not prudent or reasonable to rely on the appraisal district’s estimate.