Posted on: 19th Apr, 2009 12:31 pm
last year our appraisal was $155, this year it is $143, our balance is $153,00. Only one of our neighbors appraisals went down all the rest went up or stayed the same. Should we challenge this? Our house is definitely worth the $155. We have put in a sprinkler system shouldn't this have enhanced the property?
Hi texast,
Since you say all of your neighbors appraisal went up this year, barring one, there should not have been such a decrease on the appraisal on your property. Installing of a sprinkler system should also have increased the value of the property to some extent. Considering these facts, I think you can challenge the tax appraisal.
Since you say all of your neighbors appraisal went up this year, barring one, there should not have been such a decrease on the appraisal on your property. Installing of a sprinkler system should also have increased the value of the property to some extent. Considering these facts, I think you can challenge the tax appraisal.