Why did my property taxes go up after TaxDetective successfully lowered my property value?
Property taxes are calculated from two components: the property valuation and the tax rates. The tax rates are set by every jurisdiction that receives your property tax. These jurisdictions can be found on your property tax bill. If tax rates increase more the valuation decreases, then property taxes will increase. We suggest that you compare the property tax rates for the two years and note the increase. It is important to note that in a scenario such as this, TaxDetective has saved you even more than it had estimated. If you have further questions about this, we would suggest you contact the County Treasurer or send an email to TaxDetective.
Related Questions
- If the assessed value (tax value) of my property is higher than its true market value, can I appeal to the county to have it lowered? What is the chance of my success in doing it?
- With all new buildings being built and all the increases in value for property, why don property taxes go down?
- How does the Assessment affect the property taxes I pay? What taxes are based on the Assessed Property Value?
