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Could being located next to a property that is an eye-sore cause a loss in marketvalue to your home? Part of our work as appraisers is to consider whether situations like this are influencing the marketvalue of the home we are appraising. Of course, that’s not the same as marketvalue.
Strategies to Appeal Your High PropertyTax Assessment As of May 24, 2024, the Jefferson County Board of Equalization protest period is open and runs until June 24, 2024. Let’s walk through the steps you can take to appeal your assessment and potentially lower your propertytaxes.
In real estate transactions, the appraisal process is critical. It helps determine a property’s marketvalue. An appraisal is an expert’s view of how much a property is worth. The expert looks at factors like location, condition, and nearby property sales. When Do You Need a Rebuttal Appraisal?
The appraiser must now reconcile these three values into one final opinion of value. b) reconcile the applicability and relevance of the approaches, methods and techniques used to arrive at the value conclusion(s). So they are paying investment value, not marketvalue. But not one at a time.
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