YES.
You do not have anything to lose by appealing a property tax, but you could save yourself some serious dough.
There are several ways to appeal your taxes:
1. Check for tax record errors.
2. Demonstrate the market value.
3. Use the assessment ratio.
4. Take note of environmental factors.
Read more from me: http://real-estate.equifax.com/2010/09/is-it-worth-it-to-appeal-your-property.html
My home was automatically reassessed after I purchased it in 2009 (Originally assessed for $830,000, reassessed to $430,000.
I have had home owners do this successfully... it is worth a shot if the value is off the mark.
Ilyce - it is definitely worth it to appeal your property tax! Before marching in to see the Assessor, though, every homeowner needs to equip him/herself with facts - exactly the same ones you have outlined in your blog.
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