Homeowners-your appraisal estimate~

missywong · May 2009

We got ours last night and our value dropped about 5K. This equals about 1.5% decrease. One part of me is like.."Yes! lower taxes" and the other part is worried that my house value depreciated in the market. It's a small diference anyways. We're in Allen FWIW.

So how did your estimate compare with last year-increase or decrease, and what area are you in?

mystiandcasey · May 2009

We got ours in the mail yesterday. Since we bought our house in 2006 it has gone down every year, until this year when it apparently jumped 15k.

Still trying to figure that out.

We live in Wylie.

lynn-michelle · May 2009

Our appraised for what we paid for it last July, which was a jump from what it appraised for last year. of course we would love to contest, but I don't think we can since we paid that for it!

Smores730 · May 2009

We're in Mckinney and ours decreased too. I can't remember how much exactly but I think it was under 5k, still.. Tongue Tied

JLH0042 · May 2009

We are in Allen and ours went down $5000. Yes to lower taxes!

Gipper'sGirl · May 2009

Ours stayed the exact same in Richardson. Is that normal?

mommy2chloeb · May 2009

We haven't gotten our county appraisal yet for this year, but I will say last year, ours went up $40,000. We bought the house at the end of 2007 and were shocked that it went up that much. We had paid a great deal less (a couple couldn't divorce until the sale was final, so they kept lowering the price) than the appraised amount, so we contested. It is ideal to have a lower appraisal so that your taxes are lower. The county appraisal generally has little to do with the value of your home if you were going to sell. That is based on the market and comps in your neighborhood.

jfarmer27 · May 2009

We're in Plano and it went up 5K. I wonder how they decided ours would go up when so many went down..weird.

Carrie50 · May 2009

I'm in Arlington and ours stayed the same as last year.

samk213 · May 2009

The rental property in McKinney we have went down 5k and house in Prosper went up.

greekguyswife · May 2009

I'm in Fort Worth. Mine went up 40k, which is 20k more than we paid for it last year. We plan to protest. No way the value went up that much in this economy.....

techdg26 · May 2009

Gippers Girl - We're in RIchardson as well. Two years ago, everyone around here had their appraisals go up a whole bunch. Since then, they have stayed to the same for everyone I've talked to. I'm glad two years ago our appraisal went up over 50,000. I almost had a heart attack.?

rbentley · May 2009

We got ours yesterday, and it had DROPPED $40k. We checked our neighbors, and same story. However, our neighborhood is new construction, and the sales prices have actually gone up since we bought, so I'm not too worried. Lower taxes!!!

Gipper'sGirl · May 2009

techdg26:
Gippers Girl - We're in RIchardson as well. Two years ago, everyone around here had their appraisals go up a whole bunch. Since then, they have stayed to the same for everyone I've talked to. I'm glad two years ago our appraisal went up over 50,000. I almost had a heart attack.

Thanks for the info. 50k is quite drastic. I'm pretty sure I would have had a heart attack myself!

purplegirl_2008 · May 2009

We are in Keller and ours increased well over 100k!!! I was livid yesterday when I opened the mail.

I plan to protest, protest, protest!

iheartmemo · May 2009

Last I heard ours went up about 30k... yeah, we need to protest.

Booo to higher taxes.

Stephertex · May 2009

Ours went up too. Boo to higher taxes.

Interestingly, we had the house appraised last year before we moved. It was over 30K lower than what the tax appraisal is for.

marykaybride · May 2009

Ours was exactly what we paid for it in October. I still plan to look up all of the neighbors' houses and be sure that this is consistent.

peanut07 · May 2009

Ours increased $4200 which has been about average over the past few years. While I'm not excited we'll pay more taxes, I'm excited that it didn't go down.

Homeowners-your appraisal estimate~

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