Home address: 1306 James St
2021 Taxable Value: $142,320
Recent Sales Price: $88,755 – Over-taxed by 60%
Fort Bend County home owners are often unaware of the factors that cause them to pay extra taxes. Either comparable sales or condition issues at your home are useful for a market value appeal of property taxes. Unequal appraisal is a powerful tool to reduce property taxes, but many homeowners are not aware of it and don’t use it. 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. Mass appraisal models make it impossible for appraisal districts to accurately value most houses. Appraisal districts settle appeals at the informal level to avoid the time consuming and expensive appraisal review board hearings. Not appealing your property taxes annually is the equivalent of volunteering to pay extra property taxes.
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