What makes the appraisal district think my house is worth what they say?
Believe it or not, they just don’t reach up and grab a number. An appraisal district has many professional appraisers skilled in the art of mass appraisal techniques. They are master of compiling numbers using huge databases. They “put their eyeballs” on each property at least once every 3 years, identify the type of property, put a market value on it based on comparable sales (if possible); determine the ownership; and are prepared to defend that value! Some have been trained in “how to present cases to the ARB.” For 95% of their work. they are good at it.
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- What makes the appraisal district think my house is worth what they say?
