What's the Chance My Assessment Will be Reduced If I Appeal?

Posted by Daniel Jones on Feb 18, 2012 6:47:00 PM
That's a tough question to answer. It has a lot to do with how much preparation and time you put into your property tax appeal. If you have the resources and you have a few hours to prepare a case then I think you have a good shot at a reduction. Of course, you may not get any relief from the assessor's office. You may need to go to a formal board hearing in order to get the reduction.

Many times, you and the assessors will have what appears to be good cases. When presenting your case before formal board argue for a lower value, but don't get too greedy. If you have a good case and the assessor has a good case the board will often split the difference. But if the assessor is it $300,000 and you're at $25,000 there is little chance that the board is going to put $165,000 on it. If you are that far apart the board will often side with the County.

Given the continued slack in the economy and weakness in the real estate sector, provided you haven't appealed your property tax assessment every year for the past several years, I think you'll have a good chance to secure a reduction. It may not be as big a reduction as you hope for, but it will save you money and that's the important thing. If you would like assistance with your Georgia property tax appeal or your commercial property tax appeal please contact us.
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