If you have received your 2009-2010 tax assessment for the Clark County area you will see that your home value has been lowered.  You may be excited to see your taxes come down this next year but don't be lulled to sleep, you may still be getting overtaxed.

Our team sells a lot of property and as a result I do a lot of home price evaluations.  The new taxes may have just come out but I can already tell you that there is a consistent occurrence of the tax assessments still being significantly high.

So what can you do?  The best thing to do is to get an honest evaluation from a realtor that sells a lot of homes and really knows the market.  The key is one that SELLS a lot of homes and REALLY KNOWS the market.  This will tell you if you are still being over valued and over taxed.

If it turns out that you are, you don't have to take it lying down.  You can go down to the County Assessors office and file an assessment dispute.

Also if you're trying to sell or buy a home don't make the mistake of looking at the tax assessment to set your value.  If you're a seller you will likely be disappointed and if you're a buyer you will likely end up overpaying for your new home.

Posted by Team Leader: Andy Elliott