By now many of you have received your notice of appraised value.
Kim Erwin an Associate Broker for Keller Williams said, "on the tax appraisal it’s what the county determines the value of your property arbitrarily."
That’s right, according to the Nueces County Appraisal District, this is the appraised value of your home. Meaning this is what the county thinks your home is worth.
But is it correct? Erwin says probably not.
"Their calculator doesn’t work the same as mine. There’s is based not heir won calculations," said Erwin.
The appraised value is an estimate and it is up to you, the home owner to accept the value or dispute it.
"You can fight it based on the lot the house the amenities or damage to your home," said Erwin.
A good place to start is to ask your neighbors what their appraisal is. This may give you a ball park idea.
Erwin says an exact way is to consult a realtor and several offices will do it for free, "if you go to your favorite realtor, we have through the multiple listing service what’s called real list, and it has what is on your street what the tax assessed value is a square footage items that are pertinent to filing your taxes."
Other ways to cut your property tax bill. Note: be prepared when disputing your bill. The burden of proof is up to you.
1. Homestead if this is your primary residence.
2. Over 65 years old receives discounts
3. Take pictures of all damages and have a contractor estimate of repair.
4. Have comparable prices in the neighborhood.
**You have until May 15th to dispute your bill.