Majority of Harris County home values remain unchanged for 2011

Do you think the Spring Texas real estate market improved last year?  If you think the real estate market was relatively unchanged last year, the Harris County Appraisal District (HCAD) agrees with you. The Harris County Appraisal District is the organization responsible for appraising all commercial and residential real estate in Harris County as of the first of each year.  

For 2011 the Harris County Appraisal District tax assessed:

• 8% of single family homes at an increase over 2010
• 73% of single family homes at the same as 2010
• 19% of single family homes at a decrease over 2010

If the tax assessed value of your Spring Texas home remained the same or decreased in value over 2010 should you protest your real estate taxes?  I say “Yes, you should”.

Why??  Just because the tax assessed value of your home remained the same or even decreased in value is NO guarantee that you are not overpaying.  Maybe your tax assessed value was too high last year.  Or maybe your tax assessed value decreased even further.   If you don’t want to protest the tax assessed value of your Spring Texas home yourself, you can always hire a property tax advisor for you.  The majority of property tax advisors structure their fees such that if they don’t reduce your property taxes they don’t get paid.

• What’s the difference between appraised vs market value?
• How to protest your Spring Texas real estate taxes?