What you should know about property tax appraisals
June 29, 2023
Property tax appraisals are currently arriving in the mail. It’s important to review the valuation and appeal it if you do not agree with the valuation. The appeal instructions are in the letter that was mailed to you. You only have 30 days, so do not wait.
If the value of your property increased by 30% that does not mean your taxes will increase by 30%. However, generally if the value of your property increased, most likely your taxes will be increasing.
Property tax calculations are complex and understood by few. To calculate your taxes, you must know the formula. The calculation is: t...