Homeowners in North Texas have a few more days to protest the proposed property tax valuations. Setting the value now is the first step in determining what a taxpayer ultimately pays in property taxes later in the year.
Jones said he believes the market value, the price an appraisal district believes someone would pay for a property, should be lower. Of the last six times he’s filed a protest, Jones said he succeeded once. “That's a lot divided by just a handful of appraisers that go out and look. So, we're not going to see everything every year,” Swanson said.
“We can kind of tell what may be happening property to property, but we don't know if it's been fixed,” said Swanson. “Has any of this been done?” If you’ve decided to protest the value, you have to file a written notice by the deadline. The Dallas, Denton, Collin and Tarrant Appraisal Districts offer an electronic filing option on their websites.Protest forms include the option to protest based on market value and unequal value. For many typical home value protests: checking the box for both opens the door to presenting the widest range of evidence.
Still, Wiggins explained the property owner is expected to bring convincing evidence. To gather evidence, Wiggins said to review the information the appraisal district used to determine your value. “Take a look at other appraisals on properties that are like yours,” explained Wiggins. “They should be in line with yours. If not, then you need to report that.”