Home address: 4216 Fryer St

2021 Taxable Value: $328,040 

Recent Sales Price: $259,000 – Over-taxed by 27%

A market value appeal is based on the assessor’s value exceeding the market value of your home. Unequal appraisal appeals are valid when the assessment is below market value. 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.

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. It is difficult for appraisal districts to accurately value houses due to limited staff. Appraisal districts aggressively settle appeals since they have only 65 days to settle most of the appeals. Property owners who appeal annually rarely pay more than their fair share.