Assessment appeal services
Most localities determine your property tax burden based on an ad valorem assessment of the property's value. Sometimes, as a property owner, you get an unwanted surprise in the mail telling you your taxes are going up, and sometimes it may seem as though your assessment is too high.
Often, matters like this can be resolved with a phone call. However, if after discussing your assessment with your local taxing authority you still feel as though your property was overvalued, a professional, independent, third-party appraiser is often your best bet in proving your case. That's where we come in.
On 9/1/2007, HB 3024 was signed in to law. If an appraisal is presented to the appraisal district, this law places the burden of refuting the results of the appraisal on the appraisal district. If they fail to do so using “clear and convincing evidence”, “the protest shall be determined in favor of the property owner.”
This law provides you with an opportunity to document your case with an appraisal that the appraisal district must consider. There is no guarantee that they will use the appraisal’s estimate of value, but the chances of a favorable outcome will be maximized by the introduction of professionally prepared, unbiased documentation. The rules say that the appraisal must be less than 180 days old, and must be delivered to the appraisal review board at least 14 days before the hearing date.
If you think that you might benefit from an appraisal of your home to support a disagreement concerning the assessed value, please contact me. Our fee for a normal appraisal is $350, and preparation takes about a week.