How do we figure out current value for tax protestOn a home purchased in 2006 for $775,000 that we are paying high taxes, and we think the home is worth much less. Do we use the national average of 28 Percent depreciation in value? We think it's worth $500K in that range. It's a 3 bed, 3 bath, 2,500 square feet, 5 acres of land.May 26 2011 - El Prado00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.