Well if there is any silver lining in the current home market it is that falling home prices should lead to lower property taxes right? We'll see. It is pretty unlikely that the counties are going to be quick to spend the money to re-value anyone's home only to find out that the county is going to receive less in property taxes. It is going to be up to us, the home owners to do our own checking and if there is a glaring discrepancy, we'll need to get a new appraisal and go to the county to ask for an adjustment.
Just a thought.
Use the links below to check average home prices for your metro area and to find links to your counties web site so you can double check your tax appraised value.
City and county links - for property tax information
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