Home address: 226 Promenade Estates Ln
2021 Taxable Value: $247,350
Recent Sales Price: $190,000 – Over-taxed by 30%
Appraisal district errors in setting assessed values cause Fort bend County owners to pay extra taxes. A market value appeal is based on the assessor’s value exceeding the market value of your home. Unequal appraisal appeals compare the level of assessment of your house to comparable houses, typically on a per square foot basis. Property tax appeals are often won with a smile and a bit of data.
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. Incorrect property data such as grade, effective year built, condition, etc lead to substantial errors in appraisal district values for houses. Most tax protests are settled at the informal level so appraisers can return to measuring and valuing new construction. Protesting your property taxes annually is analogous to regularly changing the oil in your car. Preventative maintenance avoids serious problems.