Property tax assessments will soon be arriving in mailboxes, and homeowners across the county will be taking a closer look at their numbers. In some cases, those new valuations might seem a little high. If your tax bill catches you off guard, you’re not alone, and you do have options.
Most counties use a method called “mass appraisal” to assess property values. That means thousands of homes are valued in bulk, using housing data and standardized valuation models. It’s an efficient approach for valuing many properties at once, though it may not always capture the unique qualities of a specific home.
The good news is that property assessments can be appealed, and a professional market value appraisal can play a significant role in a successful outcome.
A residential appraiser can provide a detailed, independent opinion of value that reflects your home instead of just a neighborhood average. If that value is lower than the county’s assessment, it could support your appeal and potentially lower your property taxes. These savings can add up quickly and continue year after year.
Keep in mind that most counties have specific and often strict deadlines for filing a property tax appeal, and they can sneak up quickly. If you believe your assessment is inaccurate, it’s a good idea to start the process sooner rather than later.
At For What It’s Worth Appraisals, we have a knowledgeable team of licensed and certified appraisers who are here to help. If you’re questioning your assessment, we can review your situation and provide a market value appraisal to support your appeal if necessary.
We’re happy to help—please contact us today to schedule your tax appeal review.