Posted by Thomas G Kinsella, ATP

How to Reduce Property Taxes: Moving & Other tips

How to Reduce Property Taxes: Moving & Other tips

There are many options you can take if your property evaluation caught you by surprise. You do not have to accept the assessment and pay. With determination and some research, you can bring your property taxes down. 

The rates of property taxes are determined at the county level. Funds from such are employed in construction schools, infrastructure, and general safety. The decision to owe a house comes with tax implications. The good news is that you can reduce what you pay as tax. 

As a result, you should not just swear under your breath when handed an enormous tax bill. There are practical and legal ways to bring down your property taxes. This article will shed light on them:

  1. Check Your Property Tax cards.

The tax card of your home is a record that stands for your property officially. It reveals vital information like the assessed value of your home, dimensions; year constructed, number of bedrooms and bathrooms, etc. it is not uncommon for such cards to have errors.

The number of bathrooms listed on your property card might be more than what you have. Check for such errors and make sure the assessor is aware. You can get a reevaluation of the tax.

  1. Promptly Appeal Your Tax Valuation

The duration one has to appeal a property valuation is limited after the mail notices are out. It could be as little as one month in some regions. Not filing during the time frame means you forfeit the opportunity to reduce your tax bill. 

To appeal, you will fill a form with crucial details on why you think the valuation provided by the assessor is extreme.


  1. Remove all Outbuildings

Additional structures that you have on your properties can also be factored into the tax assessment. This includes sheds, greenhouses, etc. Also, some regions only tax permanent structures that have foundations or structures beyond a specific size. 

However, if your tax structures have some additional structures that you do not need, get rid of them. When you remove them, make sure your assessor is aware, so your property tax record can be updated.


  1. See if you qualify for a property tax relief.

Property tax relief is not available in all states. However, many states have reductions for homeowners that are disabled, seniors, or veterans. Also, some property types, like the ones used for agricultural purposes, might merit some tax breaks. 

The deductions are not automatic and are decided at the state level. As a result, one needs to apply. You can contact the assessor's office to see if you qualify.


  1. Move to a Less Expensive Vicinity

Property taxes are different in most states and counties. People living in a region with high property tax might be able to purchase a house in another county and pay fewer property taxes. While the commute might be longer, the tax saving can be impressive.

  1. Check tax Cards of Similar Houses

If you are pretty confident that what you are charged for property tax is too much, you have a higher chance of reduction if you can prove that similar houses are paying lower. 

There is nothing private about tax cards so you can check the ones of houses similar to yours. The age, style, number of bedrooms and toilet, footage, etc., must be identical. You have a good chance of reduction if you can show them that other similar properties are valued less.


  1. Request an Independent Appraisal of your Property

The manner in which a real estate appraisal will value your property is different from how a county assessor will. You stand a good chance of getting your valuation reduced if your real estate assessor values the house lower than the country assessor. 

An independent appraisal could cost you around $300 to $400. It can consequently save you thousands of dollars per year if it eventually reduces the assessed valuation.



Thomas G Kinsella, ATP
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