Maria and I find ourselves increasingly fielding inquiries from family, friends, and clients recently that their assessed values are above present market value. Do you think your homes assessed value is above present market value? The information below will help you determine what you can do!

Appealing an Assessment

Reasons for an Appeal

You have a legitimate reason to appeal your property tax assessment if you can prove any of the following:

1. The assessed value of your property is higher than the property's actual market value. (As determined by a recent sale or appraisal.)

2. The assessment of your property is based on inaccurate information, such as incorrect dimensions for a building or lot.

3. The assessment of your property is higher than those of similar surrounding properties.

Eight Steps to Appeal an Assessment

There are eight steps you can follow to appeal your property assessment.

1. Determine the fair market value of your home.

2. Determine the prevailing level of assessments in your township.

3. Determine the assessed value of your property.

4. Discuss your appraisal with an assessor.

5. Determine the basis for your formal complaint.

6. File a written complaint with your county Board of Review.

7. Present your evidence of unfair assessment to the proper review board.

8. If unsatisfied with the Board's decision, appeal to the State Property Tax Appeal Board.

Source of Information, York Township Website: http://www.yorkassessor.com/York/content.asp?file=appeal