Home address: 5302 W Plantation Oaks Dr

2021 Taxable Value: $327,450

Recent Sales Price: $250,000 – Over-taxed by 31%

Property tax assessments not carefully reviewed lead to paying more than your share of property taxes. A market value appeal is based on the assessor’s value exceeding the market value of your home. Check the unequal appraisal box on the protest form, or your unequal appraisal appeal will be ignored. It is difficult to persuade property owners to protest their property taxes. But 60 to 80% of those who do are successful.

Some homeowners do not appeal property taxes because they are not aware of this right. You can and should protest both market value and unequal appraisal annually. One reason it is difficult for appraisal districts to correctly value homes is they are not homogenous. Some have been remodeled and some haven’t. 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.