- Joined
- Apr 10, 2003
- Messages
- 1,319
- Reaction score
- 27
It is nearing the deadline for protest and the appraised value of my home went up $10k from $100,500 to $110,500 for an increase of 9.96%. I compared that to the 3 homes that were used for sales comparisons on the official value of appraisal report when purchasing my home in 2010, the average percentage increase of those 3 homes were 15.01%. The average percentage increase in appraised value for the homes along my street was 11.61% for the 12 homes I decided to look into.
In short, just about every home in my area is going up by at least 10%, I made the mistake of procrastinating on developing a plan to protest the value of my home, but after little research I am beginning to think my efforts would prove to be ineffective against the Appraisal Review Board.
Anyone have experience in this matter?
In short, just about every home in my area is going up by at least 10%, I made the mistake of procrastinating on developing a plan to protest the value of my home, but after little research I am beginning to think my efforts would prove to be ineffective against the Appraisal Review Board.
Anyone have experience in this matter?