‘Tis the season and with that season comes family and friends gathering to share the joy of this holiday time. When you all gather at the dinner table and are trying to avoid controversial conversations, why not start a discussion that is interesting, but not contentious. A conversation that will not divide the table and risk irreparably damaging familial relationships. Instead, discuss a topic everyone can agree on…the current state of real estate and property taxes. This subject is more likely to provide an opportunity to bond, rather than divide.
Current Real Estate Market Trends
With the real estate market being what it is for the past 2 years, this is a great topic to bring up. Everyone can agree that this environment has been the wackiest we have seen in quite some time. According to Austin Board of Realtors (ABOR, May 2022) median home sales prices have risen to 19% from last year’s average. That fact, combined with the average days on market and residential inventory, makes for an interesting conversation indeed.
In the throes of shared reactions of “Can you believe these prices,” and “I don’t have that kind of money just laying around!” use this opportunity to redirect the discussion to current property taxes. Dazzle them with your understanding of the topic and truly shine while using key words like appraised value, appraisal review board, comparables and protest. Right as you have them eating out of the palm of your hand as the guru on the subject, really draw them in by following up with the subject of protesting your property taxes and why you should every year!
Protesting Your Property Taxes
When protesting property taxes gets introduced, there will most likely be all kinds of stories shared. Some may have experience with protesting, some may have never done it before. With any questions they may have, direct them to Texas Protax, where we have answers to virtually every question asked.
Texas Protax has represented thousands of Texas property owners since 1988. We constantly monitor the Texas legislature for changes in the law as well as trends in the state. With thirty-five years of experience and knowledge in commercial and residential property tax in the State of Texas, we are the advisors you need to help you navigate this wild year in the world of property taxes and ultimately get you the best reduction possible.
So, after everyone has opened their gifts and are feeling very grateful, top it off by giving all your loved ones our information, so that they too can get the biggest and best tax reduction ever. Happy holidays to you and yours! Texas Protax is a property tax consulting firm serving Austin, Houston, and Central
Texas. Contact us today to learn how we can help you appeal your property tax rate.