Wendy Wheeler ([info]zainybrain) wrote,
@ 2009-06-03 07:52:00
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Current mood: aggravated
Entry tags:austin life, house holding

Tax Protesting - 1st Round
Because I'd protested my taxes before, I knew to come to the Travis County Tax Assessor's office ready. It's a stuffy, crowded space and they make you wait even when you have a scheduled pre-hearing. So, a light, summery dress, sandals and a book. Sure enough, there were about 30 people crammed in a hallway and my hearing was 45 min late.

The young man was nice who reviewed my case. When I explained I lived, not just on the edge, but at the corner/tip of a nice neighborhood with a fast drop-off in quality of homes behind and to the right of me, he allowed me to choose the streets for comparables. So that was easy to choose.

But then I noticed: all the sales he was showing me were from 2008. June, July, August. The most recent was Sep 2 2008. Maybe someone else wouldn't have noticed that, but the real estate market really started taking a dive in the fall. The prices now reflect the implosion finally getting to Austin.

So I asked for 2009 numbers. And he got a kind of odd look and said there weren't any. As in, no sales in my neighborhood in the past 8 months?? A day later and I now suspect that Travis CAD was chosing not to put the recent figures into their system on purpose, so they could argue the higher numbers.

I can't go for that. I'm doing the formal hearing next week. In the meantime, I've got to get a real estate agent to give me comparables from my neighborhood from the MLS database. The pre-hearing officer did offer to relook at my case if I emailed him something, but right now he only offered 3% less. As in, with Zillow showing N. Austin trended down by 16% in the past year, the tax appraisers will "only" raise my value by a positive 13%.




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[info]the_bus
2009-06-03 04:22 pm UTC (link)
The tax appraisal looks at the value of your house at the end of the previous year. So your 2009 taxes are determined by the value of your house at the end of 2009. I believe that's why they have no information for 2009.

Unfortunately, if no comparable houses sold in the final three months of 2008, you're stuck with what they believe the values were at that time. And they define comparable.

When I last protested, the appraiser I worked with found several ways to look for comparables in the system. She found a way to drop my home value a few percent, but not enough to affect my taxes.

Good luck with the formal hearing. I've heard those are basically rigged against you.

Don't you just love Texas' massively inefficient and frustrating property tax system?

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[info]the_bus
2009-06-03 04:25 pm UTC (link)
Oops, in the first paragraph, I meant "value of your house at the end of 2008."

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[info]karenkay
2009-06-03 05:24 pm UTC (link)
Better than California, is all I can say.

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[info]zainybrain
2009-06-03 10:42 pm UTC (link)
I was trying to be clear with the guy in the prehearing about timing of the sales. I asked if 2009 info was appropriate, and he said yes. Maybe that odd lock meant "I don't know how to answer that question but I don't want to look stupid."

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[info]karenkay
2009-06-03 05:23 pm UTC (link)
I got them to drop my taxes 10% several years ago, even though they didn't accept my comps. (You need to find comps *exactly* in the same section of Gracywoods.)

Houses in my neighborhood are selling slower, but for good prices, so I'm not protesting this year.

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[info]zainybrain
2009-06-03 10:40 pm UTC (link)
Yeah, for me, they've evaluated my $155,000 (on a good day!) house at $184,000. Just no way that's true, and the $30K delta is a big deal! I fought it 3 years ago and got nothing. I fought it 3 years before that and got 15% reduced.

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[info]karenkay
2009-06-03 11:25 pm UTC (link)
Wow! My house is valued at something like $220,000. We're not that far from each other, but it makes a BIG difference! That's about what houses are selling for around here, in any case.

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