In Cook County, Illinois, the Cook County Assessor’s Office reassesses the value of all properties in the city every three years. This process is known as the triennial reassessment. Depending on the township and suburb – North suburb South suburb, and City of Chicago- property owners in Cook County will receive the reassessment of their … Read more
Posts Tagged property tax appeal
Gwinnett County Single-Family Home Appraisals Increase an Average 15.6% for 2023
According to an O’Connor ratio analysis, the median time-adjusted sales price for the typical home in Gwinnett County, Georgia is $370,000, but the median appraised value is $378,700, which is $8,700 more than the market price. This means the average Gwinnett County residential property is overvalued by 2.7%. The analysis contrasts the time-adjusted sales price … Read more
Cook County 2023 Residential Property Reassessments Soar
Chicago property tax assessments are skyrocketing for homeowners, with some seeing increases over 100%. For the fourteen Cook County townships reviewed, residential property tax assessments increased most in Calumet, a whopping 54.5%. The townships reviewed include Barrington, Berwyn, Calumet, Hanover, Oak Park, River Forest, Riverside, Rogers Park, Lemont, New Trier, Orland, and Schaumburg. Six of … Read more
Texans, did you know? Your upcoming property tax bills could be lower!
Yes, you read it right! Texans can expect to see a lower tax bill in 2022. This could be the result of the tough political climate. According to Senator Paul Bettencourt, the value of a house that is around $300,000 will be able to save around $200 in 2022, according to Bettencourt’s office, no matter … Read more
Will Texas See High Property Taxes in 2023?
The big question now is, are Texans likely to experience a higher property tax rate in 2023 or is going to remain the same? This question is bombarding many Texans’ minds. However, in a press release on the 30th of August, Senator Bettencourt said Texans will see a reduction of at least 6.6 pennies on … Read more
Appealing your property tax bill
Homeowners, are your property tax bills going up? If the pandemic is hitting hard on you, here is some relief. No matter if you see a significant increase in your tax bill, there are always grounds for an appeal. You can cut down a certain amount from your property tax bill by opting for an … Read more