Home address: 3159 Bonney Briar Dr
2021 Taxable Value: $367,890
Recent Sales Price: $250,000 – Over-taxed by 47%
Most home owners who do not appeal annually pay excess property taxes. Protesting the appraisal district’s market value with usually reduce your property taxes. Property owners can appeal both market value and unequal appraisal. Appraisal districts are generally very receptive to settling tax appeals at the informal hearing.
Many owners intended to appeal but the May 15th date slipped by with no appeal. If you want to appeal and it is slipping your mind, consider a consultant. 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. Not appealing your property taxes annually is the equivalent of volunteering to pay extra property taxes.