Home address: 1919 Piedmont Ave 1

2021 Taxable Value: $798,299

Recent Sales Price: $440,000 – Over-taxed by 81%

Property tax assessments not carefully reviewed lead to paying more than your share of property taxes. One option to reduce you property taxes is to protest the market value. Unequal appraisal appeals are valid when the assessment is below market value. It is difficult to persuade property owners to protest their property taxes.  But 60 to 80% of those who do are successful.

Some homeowners do not appeal property taxes because they are not aware of this right.  You can and should protest both market value and unequal appraisal annually. One reason it is difficult for appraisal districts to correctly value homes is they are not homogenous.  Some have been remodeled and some haven’t. Appraisal districts are receptive to settling property tax protests for houses at the informal level because it has only a nominal impact on the total tax base. Property owners have a duty and responsibility to appraisal property taxes annually.  It is not prudent or reasonable to rely on the appraisal district’s estimate.