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You’ll need to find out what home the tax assessor has used for his estimate of your home’s value. This is necessary in order to counter his argument for imposing his valuation by point out areas that are not similar and introducing more similar comparables that you have chosen.
Sometimes the tax assessor might not give you the information you have requested. If so, make or fax a written appeal to the appraisal district and get that information by way of the Freedom of Information Act. Appealing your taxes is adversarial and you need to know what information the other side is using.
Use photos to prove your point. Show how the tax assessors chosen comparable is not similar to yours and how the comparables you choose are comparable. Make any adjustments you need to make for differences in location, sq. ft. size differences, condition, age of the home or similar type adjustments
When choosing your comparables, look for ones that are similar, most importantly, in location. It should be in a similar neighborhood as yours. This location factor is vital and one of the main reasons that your comparable or the assessors comparable is or is not appropriate.
Focus on other similar features such as number of bedrooms, baths, quality and style of home, number of garages and make adjustments accordingly. The tax assessor will likely cherry pick the more expensive homes and they may have dissimilar features that you’ll need to address in your analysis.
Adjust for any difference in square footage, number of garages, etc. Make additions or subtractions to each of the comparables you have chosen for differences.
After you’ve put together your information it will be time to make an appointment with the tax assessor. Likely, the will not budge from his position and you’ll have the take it to the next level of appeal.
When you win a property tax appeal it is not only for this year, but your base is established until the next community blanket reassessment. That blanket reassessment may not happen for 8 or more years in the future.
Get a video walk through on what to do and how to go about the process + presentation format + forms + how to step-by-step and item-by-item eBook + lifetime updates on how to appeal your property taxes. Stake your claim now on to Appeal your Property Taxes!
categories: property tax,property taxes,tax assessment,real estate taxes
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