valuation appeal

A valuation appeal is a process property owners use to challenge the assessed value of their property set by local authorities for tax purposes. If you believe your property has been overvalued, leading to higher taxes, you can request a review and potentially have the valuation reduced. The appeal typically involves presenting evidence like recent sales data, property conditions, or appraisals to support your case. The goal is to ensure your property is fairly valued, so your property taxes reflect its true market worth.