My neighbor’s house is almost identical to mine and just sold last week for a lot less than my property tax valuation. Why isn’t ValueAppeal recommending that sale as a comp?
The comps used for challenging your property tax valuation must have sold before the assessment date. For instance, if the assessment date for your county is January 1st, 2009, all the comps used in your appeal must have sold prior to that date. Most counties will allow homeowners to use comps sold up to three years prior to the assessment date.
Related Questions
- My neighbor’s house is almost identical to mine and just sold last week for a lot less than my property tax valuation. Why isn’t ValueAppeal recommending that sale as a comp?
- Our neighbor’s grass isn’t being mowed and the house really needs to be painted. Why hasn’t anyone made them clean it up?
- Why didn the Assessor lower the value of my home to what the house next door sold for last week?
