assessment appeal

An assessment appeal is a formal request to review and potentially change the property value assigned by the local tax authority. Property assessments determine how much property tax you owe. If you believe your property has been overvalued, leading to higher taxes unjustly, you can challenge the assessment through an appeal process. This involves submitting evidence to support your claim, such as recent sales of similar properties or an independent appraisal. The goal is to ensure your property is fairly valued, which can reduce your tax burden if the original assessment was too high.