Property Tax Assessment Appeal
Who should file an assessment appeal?
The assessed value of your real estate should equal what the property would typically sell for (market value). If the assessed value exceeds market value, you should file an appeal. If the property is affected by a diminution in value caused by declining prices and market conditions, detrimental conditions (i.e. cracked slab, landslide, construction defects, environmental problems), or other causes, you should file an appeal.
How do I know what the assessed value of my property is?
The County/Parish Tax Assessor generally mails letters each time there is a reassessment of value. These reassessments occur at different intervals depending on the state in which you live. If you have misplaced one of these letters, the Tax Assessor will be able to tell you the current assessment amount for your property. Assessor Web Site links have been provided below.
Why do I need an appraisal if the assessed value is wrong?
Tax Assessors are responsible for literally thousands of property appraisals. Differences in opinion of value can and do arise. As a property owner, you have the right to challenge the assessed value of your property, but the assessment appeals board will operate under the assumption that the Tax Assessor's opinion is accurate. Therefore, you will need substantive evidence (a well documented appraisal) to support your appeal claim.
How long do I have to file an appeal?
Again, exact procedures depend on the state in which you are located. You should contact your County or Parish Tax Assessor to determine exact procedures and deadlines.
Contact Us to discuss how we can help you with your tax appeal preparation.
Links to Assessor Web Sites
Arkansas Sites
Louisiana Sites