Home address: Pr 3172
2021 Taxable Value: $184,900
Recent Sales Price: $95,000 – Over-taxed by 95%
Appraisal district errors in setting assessed values cause Wise County owners 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 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 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. Property owners who appeal annually rarely pay more than their fair share.
Comments are closed.