Re-Assessing your Home Value to Lower Your Property Taxes: In this time when we're seeing more and more foreclosures hit the market a lot of homeowners don't realize that they can go to the Tax Board and see if there Property Taxes can be lowered. There are signs that help you know that your home warrants an Adjustment, as follows: Compatible homes in the area that have sold for less than your appraised value. Neighbors with lower assessments on similar houses. Keep in mind some homes retain the same assessed value for years and assessed values often don't rise or fall in step with market values or (2 comments)