Home address: 4506 Harbinger Dr
2021 Taxable Value: $282,000
Recent Sales Price: $180,000 – Over-taxed by 57%
Appraisal district errors in setting assessed values cause Dallas County owners to pay extra taxes. Appraisal districts are flexible on market value appeals given a large number of houses they value and that are protested. Unequal appraisal appeals compare the level of assessment of your house to comparable houses, typically on a per square foot basis. Property tax appeals are often won with a smile and a bit of data.
Some property owners do not appeal due to a concern the appraisal district will want to inspect their house. It is difficult for appraisal districts to accurately value homes since they rarely or never see the houses. Appraisal districts are willing to settle property tax appeals because they realize their values are not precise. Not appealing your property taxes annually is the equivalent of volunteering to pay extra property taxes.