Understanding the Importance of Property Appraisal Protests

A smiling woman doing her taxes and using a calculator in El Paso.

Were you looking into lowering your property taxes but aren’t satisfied with the appraisal district value of your property? Did you discover a mistake in the appraisal records? Then it might be a good idea to file a property appraisal protest.

If you’re looking for legal assistance when filing a property appraisal protest, then the team at the Law Offices of Michael J Zimprich is here to help. Don’t pay more than you need to! Give our office a call at (915) 201-4944 or contact us online today!

What is a Property Appraisal Protest?

An appraised value of a property is used to calculate your property taxes. This is commonly looked into when you’re looking to lower your property taxes due to them being unnecessarily high. When you protest the appraised value, you are arguing that your property value is not accurate. Make sure to review your property tax assessment carefully to see if you should file a property appraisal protest. If you own any kind of property, read the list below on the reasons you should file a property appraisal protest

  • It’s Free!- Because the process is of no cost to you, there’s no harm in trying it. Protesting will not raise your taxes or affect the value of your property. 

 

  • You Can Protest Every Tax Season- You have the chance to appeal your property taxes every year. This is good because, in the event that you didn’t succeed in lowering your property taxes this year, you can try again next year. 

 

  • If the Assessed Value is Lower than the Market Value- Filing a property appraisal protest, even if your value is lower than the market value, could still be beneficial to you. If it’s discovered that another home in your area is appraised at a low price, it can end up lowering your home’s value. 

 

  • Correct Any Wrong Information- If you notice there is any inaccurate information within your property records, this could help you with your protest. This can include noting any damages that were done to the house since your last appraisal or if any large devices like an AC unit need replacing or repairing. Bottom line, noting any problems with your property could potentially save you a lot of money. 
    • It’s also worth mentioning that if you’ve made any improvements to your home, like going green or improving the insulation, you could get you a deal on your taxes. 

 

  • The Hearing Evidence Can Help- When you file a property appraisal protest, you will be given access to the appraisal district’s evidence on your home value. Requesting the evidence is also free of charge and can be very helpful to you during your protest.

If filing a property appraisal protest is a route you want to take, but you’re not sure what to do, reach out to an expert. The Law Offices of Michael J Zimprich is El Paso’s trusted tax expert and can help you through every step of your protest. Regardless if your property is residential or commercial, we can help you get a better appraisal value. 

If you live in El Paso and feel like you didn’t get a fair appraisal value, call (915) 201-4944 or contact us online today to see how we can help you!