Would appealing a real estate tax appraisal have an effect on valuation for refinancing?I recently received a new real estate tax appraisal which seems considerably too high to me (about 8% higher than our purchase price in May 2007 when Zillow says house prices in our neighborhood have dropped). I want to appeal (and think I will be successful) but also am thinking of refinancing and want the house valued as high as possible for that. Does a real estate tax assessment have any effect on an appraisal for refinancing?July 09 2012 - Decatur00YesReport 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.