Get your appraisal out from your purchase. Compare the square feet to what is on the tax card. They may combine the finished basement (If you have one) with the heated living area above grade. (HUD, VA, Fannie Mae and Freddie Mac must have these areas separate for evaluation.) The local Tax Assessor adds this together to get a higher assessment and Tax Rate.
If that information is WRONG by at least 10%, you can get a refund for the past 3 years, (If you Ask)
Then get a local realtor or an Appraiser to pull comparable sales. Not Sales, COMPARABLE SALES. (Homes similar to yours that have sold in the past 2 years). Then do the calculations for a new value estimate.
Follow the rules your County or local tax authority has for your appeal. You can do this yourself, until they want to play hard ball. Then get a qualified Real Estate Appraiser to help. After that you may need to get your Attorney involved. see www.FairTaxAppraiser.com for more information.... more