Home address: 2802 Ave M 1/2
2021 Tax Assessment: $145,590
Recent Sales Price: $90,000 – Over-taxed by 62%
Appraisal district errors in setting assessed values cause Galveston County owners to pay extra taxes. Most market value protests are successful, typically saving the owner hundreds or thousands of dollars. Unequal appraisal is a powerful tool to reduce property taxes, but many homeowners are not aware of it and don’t use it. It is difficult to persuade property owners to protest their property taxes. But 60 to 80% of those who do are successful.
Property owners are sometimes reluctant to protest their property taxes because the believe the appeal process is difficult. It is not difficult and 60 to 80% of owners who appeal are successful. One reason it is difficult for appraisal districts to correctly value homes is they are not homogenous. Some have been remodeled and some haven’t. Most tax protests are settled at the informal level so appraisers can return to measuring and valuing new construction.
