Every January, the county tax appraiser begin assessing home property values for tax assessment purposes. By end of April, the County (depending on which county your home is located in) will mail tax assessment values to all homeowners.
However, if you feel your property for tax assessment purposes is too high, you can protest your home value.
How to protest your Frisco TX home value
If you have received your estimated assessment this year and you do not believe it is an accurate assessment, you can file to protest the assessed value. You can go through an informal appraisal review process with a member of the District’s staff first. If the informal process is not successful, then you can request for a formal review process in front of a panel.
To request an Informal Review, you may:
- Do it in person at 250 W. Eldorado Parkway, McKinney TX, Monday through Friday from 8 am to 5pm and on Thursday from 8 am to 7pm in May.
3911 Morse Street Denton, TX 76208. Denton, TX 76209 for Denton County, Monday – Friday from 8 am to 4:30 pm and until 6:30 pm on Tuesdays.
This is a first-come, first-serve basis so go just as soon as you are able.
It is always advisable to go there earlier in the process, rather than later (closer towards the dateline Thursday May 31st 2012, or 30 days after the notice is mailed to you – whichever is later).
The best way is to go in person and meet with a District Staff member. They will typically set up an informal review with you. During the meeting, unless more documentation is needed, you will usually be successful if you go geared with accurate information. What do you need for your Frisco TX home appraisal protest? You may provide the following relevant documents:
- Contract (Signed and certified HUD-Settlement statement at the title company)
- Comparable Sales Data (Your Realtor® in Frisco TX can assist you here)
- Appraisals (If you have a recent appraisal, you may use this information also)
- Repair estimates
- Photographs (Nothing speaks louder than photographs)
The reviewer will evaluate your case and may change the appraised value based on the review or may not. If you are not satisfied if you were not successful, then you may file a written protest for a formal hearing with the Appraisal Review Board.
There is a deadline to protest. The dateline for both Collin and Denton counties are Tuesday May 31 2011, or 30 days after you receive the notice – whichever is later. If you decide to protest, make sure you start early. The longer you wait the long the process will be. So act NOW!
All 3:16 team REALTY clients will receive an annual property home evaluation during this time. All 3:16 team REALTY clients will and can expect top priority for getting this information to you – whether or not a protest of home assessment is necessary. It is just our way of saying Thank You for trusting us when you chose us to be your Real Estate company to take you through the home buying/ selling process.
All other home property assessments will be completed only after 3:16 clients are served. Non-3:16 team REALTY clients may be subjected to a fee for this home assessment property evaluation. Please call to discuss.