Anonymous
Post 03/31/2023 15:49     Subject: Re:Property tax appeals due April 1 — any tips?

Sales prices are coming in way under assessed values
Anonymous
Post 03/31/2023 10:40     Subject: Re:Property tax appeals due April 1 — any tips?

Anonymous wrote:I successfully appealed a few years ago. Here are tips-

- have comps on hand
- know the ins and outs of your houses specs and in comparison to other houses
- know what features your house doesn’t have that the houses with your current assessed value do have
- know history of renovations and lack of renovations
- know what grade your houses finishes are

Basically you need to prove with numbers and facts that the houses your house is currently assessed as comps with are larger, nicer and have more features (think garage, pool, extra bedrooms, den etc…) than your house. And that your house is more similar to houses that you’re trying to get your house assessed at. Have all this info in front of you so you can speak to it fluently in the moment. Think like a realtor/bank appraiser.



Thanks!
Anonymous
Post 03/30/2023 22:05     Subject: Re:Property tax appeals due April 1 — any tips?

You’ll get a notice that says, TAX HOLIDAY 2023, ALL PROPERTY TAXES WAIVED!

And then at the bottom, in fine print:

“April Fool.”
Anonymous
Post 03/30/2023 21:21     Subject: Property tax appeals due April 1 — any tips?

Yes, don’t bother.
Anonymous
Post 03/30/2023 21:19     Subject: Re:Property tax appeals due April 1 — any tips?

I successfully appealed a few years ago. Here are tips-

- have comps on hand
- know the ins and outs of your houses specs and in comparison to other houses
- know what features your house doesn’t have that the houses with your current assessed value do have
- know history of renovations and lack of renovations
- know what grade your houses finishes are

Basically you need to prove with numbers and facts that the houses your house is currently assessed as comps with are larger, nicer and have more features (think garage, pool, extra bedrooms, den etc…) than your house. And that your house is more similar to houses that you’re trying to get your house assessed at. Have all this info in front of you so you can speak to it fluently in the moment. Think like a realtor/bank appraiser.
Anonymous
Post 03/30/2023 21:11     Subject: Re:Property tax appeals due April 1 — any tips?

Anonymous wrote:
Anonymous wrote:Housing prices are going down but somehow assessments are going up


Lagging data. If you have more recent comps use it in your appeal. But prices by and large aren’t falling.



Lagging data and wishful thinking
Anonymous
Post 03/27/2023 11:58     Subject: Re:Property tax appeals due April 1 — any tips?

Anonymous wrote:Housing prices are going down but somehow assessments are going up


Lagging data. If you have more recent comps use it in your appeal. But prices by and large aren’t falling.
Anonymous
Post 03/27/2023 11:55     Subject: Re:Property tax appeals due April 1 — any tips?

Housing prices are going down but somehow assessments are going up
Anonymous
Post 03/26/2023 15:02     Subject: Property tax appeals due April 1 — any tips?

Anonymous wrote:Assessments in our neighborhood are completely outlandish. Any tips from people who’ve successfully appealed?


Do you have any unrepaired damage or dated kitchen/ living areas?
Anonymous
Post 03/26/2023 14:08     Subject: Re:Property tax appeals due April 1 — any tips?

Neighbor just sold their place for 22 percent below the assessed value
Anonymous
Post 03/26/2023 14:03     Subject: Property tax appeals due April 1 — any tips?

Assessments in our neighborhood are completely outlandish. Any tips from people who’ve successfully appealed?