Home address: 2025 Village Park Dr
2021 Taxable Value: $163,070
Recent Sales Price: $125,000 – Over-taxed by 30%
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 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. Incorrect property data such as grade, effective year built, condition, etc lead to substantial errors in appraisal district values for houses. Appraisal districts usually settle appeals at the informal hearing since it costs less and takes fewer resources. Appraisal property taxes, yard work and HVAC check-ups are just a few of the responsibilities for homeowners.