Image for Property Tax Review

Property Tax Review

Property tax review is the process by which property owners can challenge the assessed value of their property, which determines how much tax they owe. Assessors estimate property values based on various factors, including market trends and property conditions. If a property owner believes their assessment is too high, they can file an appeal, presenting evidence such as recent sales of similar properties or errors in the assessment. The review aims to ensure fair taxation by aligning property values more accurately with actual market conditions, ultimately benefiting both the homeowner and the local community.