How Property Tax Assessment Works
Understanding what a residential tax assessment entails is a key factor in determining whether or not you are paying too much in property taxes. While some property owners may believe that their homes are worth more than the government’s assigned “market value” and therefore are reluctant to challenge their property tax assessment, the market value is often legally irrelevant to a property’s assessment value.
Thanks to our years of experience in evaluating residential real estate, we can provide you with a realistic view of your property’s residential tax assessment and tell you if we believe you are eligible for a property tax reduction.
Why Your Property Taxes May Be Too High
Does your Town believe your home’s taxable value is more than what you could sell it for? Ever had a second opinion? Your Tax Assessor does not have the time or resources to evaluate every single property. Because they don’t, they may fail to take in factors specific to your home, such as proximity to commercial property, parking lots, railroad stations, and other factors which could lower your home’s value versus that of homes in other areas. There are many factors which can cause a property to be assessed unfairly. Our job is to make sure you are not overpaying on yours!
What We Do
We challenge the taxable value of your home. A Property Tax Grievance is a formal complaint that is filed contesting a town’s assessed value of a specific property. If we can prove your home is worth less than the taxable value, you are eligible for a property tax reduction.
Many property owners worry that if they file a grievance, their taxes may be raised or someone from the assessor’s office will come to their home. We can assure you that neither of these things will happen. Upon filing a tax grievance, your property tax assessment can be lowered or remain the same, but can not be increased, and no one will come to your home.
Once you File Your Grievance with ZapMyTax, we evaluate your property, and determine a fair value for today’s changing market. If we believe the Town’s estimate is too high, we will file all necessary paperwork and represent you.
This process is Risk-Free – Your taxes cannot be raised because you file a grievance, and Town Officials do not visit your property. There is no fee unless we get you a property tax reduction! It’s an easy way to save hundreds – even thousands – of dollars on your annual property tax bill.