In her recent article, Are You Paying Too Much Property Tax?, Vera Gibbons of Zillow identifies five ways to help ensure you’re not paying more in property taxes than you should:
- Correct Basic Errors: verify that there are no mistakes on your property card, including dimensions, acreage, value, bedrooms, bathrooms, garage size, and other key amenities like a fireplace or swimming pool; if you find any errors, you may qualify for a reduction in your property taxes
- Comps: compare your home’s property information with your neighbors that have similar homes in terms of age, size, style, proximity, and condition; if you’re assessed higher to a comparable property, you can make an argument for a property tax reduction
- Unique Conditions: if there is anything about your property or neighborhood making it somewhat undesirable, e.g. proximity to busy streets, power lines or commercial operations like a factory, you may qualify for a property tax reduction
- Improvements: if your property tax bill includes structural enhancements that were never made, than you have a good case for a reduction in your property taxes
- Exemptions: property tax reductions are often available for seniors, people with disabilities, veterans, historic buildings, and homes with certain energy efficient enhancements
Read the whole article here
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If you think you may qualify for a property tax reduction on your property taxes for your home or business because of anything listed above or for any other reason, contact us for a free estimate on the maximum deduction we project for you.
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