Receiving a property tax assessment that seems too high can be frustrating, but in most cases, appealing it isn’t the best course of action. Often, the assessed value is reasonably accurate, or the potential tax savings may not justify the time and effort required to challenge it. That said, property taxes are based on your home’s assessed value, and local tax assessments aren’t always up to date or aligned with current market conditions. If you have strong reason to believe your home has been significantly overvalued, a professional home appraisal can help you build a solid case for appeal—potentially saving you hundreds or even thousands of dollars in property taxes.
How a Home Appraisal Supports Your Appeal
A certified appraisal provides an unbiased, expert opinion of your home’s market value. This is crucial when contesting your property tax because:
- It establishes the true value of your home based on recent sales, condition, and local market trends.
- It highlights discrepancies between the assessed value and the actual market value.
- It provides concrete, professional documentation to present to your local tax board or appeals committee.
Without a detailed appraisal, your appeal may lack credibility, making it harder to challenge the tax assessor’s valuation.
The Appeal Process in Brief
Once you have your appraisal, you typically:
- File a formal appeal with your local tax assessor’s office.
- Submit your appraisal report as evidence.
- Attend a hearing or meeting, if required, to discuss your case.
Each jurisdiction has deadlines and specific procedures, so acting promptly and working with a knowledgeable appraiser is key.
If your property tax bill feels too high, a home appraisal can be your best ally in appealing that assessment. Contact us to learn how an appraisal can help you save money and ensure fair property taxation.