Slash Property Taxes With This Hidden Appeal Strategy
Gathering Evidence
To build a strong case, gather evidence that demonstrates your property's value is lower than assessed. This can include:
- Recent sales of comparable properties in your neighborhood.
- Independent appraisals that offer a different valuation.
- Photographs or documentation of property defects that might lower its value.
According to a study by the National Taxpayers Union, as many as 60% of properties in the U.S. are over-assessed, yet less than 5% of homeowners appeal their assessments1. This indicates a significant opportunity for homeowners to potentially save hundreds, or even thousands, of dollars annually.