💥What is the Tax Assessment really and what does it mean? Learn the truth 👼 about how they determine value 💰 and what you should do.
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Hi there. It’s Stephanie Carter of The Monarch Team at Keller Williams in Flower Mound. Many of you probably got your tax assessments from the county this week. And so, what’s important to know is that this is merely a suggestion. You have the ability to protest that amount for free online through the county website. They will give you a list of the homes that they use to assess your value. And, since they are dealing with so many homes and only a handful of appraisers, the list are very large.
If you go through, select the ones that are in your subdivision and closest to your size, you have a good chance of getting your taxable value down. That doesn’t mean that you can’t sell for more, but it does save you money every year. So, I encourage you to protest your taxes and if you have any questions, let me know. Have a great day.