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How do I get my taxes lowered if there are no comparables

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May 26 2010 - US
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Profile picture for sunnyview
You would have to pay for an appraisal that uses a different method based on cost to rebuild, historical values etc. instead of comps. A licensed appraiser that deals in probate generally does this type of appraisal since it is not unusual for estate properties of a certain kind to have few or no comps.

Comps are used first. If no comps, go another route. Remember if you have no comps, neither does your assessor so you may be able to win based on a formal appraisal alone.
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May 29 2010
This is a tough process no matter what you bring to your protest hearing.
real estate mike is correct, a change of of condition....from to good to fair to poor, whatever you can prove up will get you the best chance of a lower rate. Be prepared to be quick and to the point and be prepared for the local appraisal district employees and one hired expert to listen but not be to sympathetic. Comps are ok, but condition is best chance. Also new law in Texas that states that foreclosures, short sales, etc in your area have to be taken in to account now, but good luck.

Good Luck!

James Callas - Realtor®
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May 28 2010
Your other option is to contest the stated condition of your property. That is if the taxing authority has it as good"or something like that" and it is actually in "poor" condition then you will need visual evidence to present your case. Have you asked a local Realtor for comps? If so and you got nothing try another one. It is a rare case when a comp is not available. It might not be in the same subdivision or rural community or in the last six months but that doesn't mean there are no comps. You could have an appraisal done if you feel the tax assessment is way out of line. best of luck, Koni
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May 27 2010
If there are no comparables, how do you know your taxes should be lowered?  You need to find data that your market as a whole has declined, that houses in your area are selling for less, and that your house is worth less--perhaps it's suffered some damage the assessor doesn't know about.  But you need to have a valid reason why you think they should be lowered.  We'd all like our taxes lowered, but we need proof--unfortunately!
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May 26 2010
 
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