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HCAD 2017

40,419 Views | 304 Replies | Last: 7 yr ago by Goodest Poster
E
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77018

Went up full 10%
tylercsbn9
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MrJonMan said:

No change last year or this year, market and appraisal are the same

77429
Lucky you.

Same zip code

3% last year; 8% this year. **** is getting ridiculous.
CDUB98
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E said:

77018

Went up full 10%
HCAD has been killing our zip code the last few years.
Diggity
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they automatically raise the appraised value to market value (up to 10% a year if you have a homestead). People always act shocked by this, but it's the law.

If you think the market value is too high, then you should protest. I would be happy to help you with some comps. Jubally is a great service as well.



Andyzipp
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77018...no change.
TXTransplant
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Diggity said:

they automatically raise the appraised value to market value (up to 10% a year if you have a homestead). People always act shocked by this, but it's the law.

If you think the market value is too high, then you should protest. I would be happy to help you with some comps. Jubally is a great service as well.






This is where I went wrong moving from Brazos Co to Harris. In Brazos, they don't have a "market value"; they have an appraised value and an assessed value. And in my experience as a homeowner there, those two values were always equal. And I never came close to a 10% increase in any given year. Both values started out at about 90% of my purchase price, and it wasn't until last year (2016) that the appraised/assessed values even exceeded what I paid for the house back in 2011 (and the house is still valued at maybe 85% of what it could likely sell for).

When I moved to Harris Co, I saw my market value and noted it was different from the appraised value. But since, at least for the first couple of years anyway, the appraised value was fair, I didn't know I should protest. It wasn't until last year when my appraised jumped to the crazy high market value that I got motivated to protest. If you're new to Harris Co, it's sometimes not obvious what your numbers really mean until you've lived here a couple of years (or read these threads, which really helped me figure it all out).

As a side note, I protested online via the HCAD website last year (using info from recent sales in my immediate 'hood) and got the value lowered to exactly what I requested. It was really easy.
jobu93
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no change for us in B'Land (this year) but I've been hit with 4 consecutive years of 10%.

I shall contest to see if I can win some money back. NO WHAMMIES!
BlackGoldAg2011
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spring branch: market up 18%, appraised up the full 10%. got screwed as an exact comp of my house directly behind me sold for more than my current market value. don't think i'll even bother protesting this year with that comp available to pull.
MAS444
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Quote:

appraised up the full 10%
Again...why is this notable? It's automatic.

And it sounds like you actually came out ahead in light of the recent comp.
Samuel E. Cronkowitz
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Echoing Diggity's comments, if you plan to protest this year give Jubally a shot. Great product.
Lupac
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No change in 77008.
Satellite of Love
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Boned in 77035 by another 15%.
AgLiving06
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Satellite of Love said:

Boned in 77035 by another 15%.

I'm surprised yours is showing up with a 77035 zip. I've got the same and I'm pending (and was until summer time last year).
BlackGoldAg2011
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MAS444 said:

Quote:

appraised up the full 10%
Again...why is this notable? It's automatic.

And it sounds like you actually came out ahead in light of the recent comp.

it's not notable,

i did come out ahead compared to the comp, just not compared to last year's taxes. I'm only annoyed because i have been pretty successful in recent years getting the value down (well below what i could likely sell it for) due to a lack of good comps.
idAg09
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77065 same - happy I won't have to protest

77084 up 26% - no homestead on rental (protest every year)
Bondag
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idAg09 said:

77065 same - happy I won't have to protest

77084 up 26% - no homestead on rental (protest every year)
26% in 77084. Is that like $30?
AlaskanAg99
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No change for me. Bought in 2015 and it still hasn't caught up to what I paid for it. But big increases since 2013.
aggiecody06
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Can I get someone input/feedback on exactly what all this means for me? Bought our house in May of last year 77073 area code. We filed for the homestead exemption beginning of this year which is now applied on hcad. It was appraised for 120k in 2016 and 140k this year. We bought house for 137,500. TIA on info
Martin Q. Blank
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aggiecody06 said:

Can I get someone input/feedback on exactly what all this means for me? Bought our house in May of last year 77073 area code. We filed for the homestead exemption beginning of this year which is now applied on hcad. It was appraised for 120k in 2016 and 140k this year. We bought house for 137,500. TIA on info
If you do nothing, you will pay taxes on the 140k value. File protest and submit your HUD to reduce to 137.5k. Up to you whether or not it's worth the hassle. Your homestead exemption will not be applied to this year's taxes.
XpressAg09
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Quote:

No change last year or this year, market and appraisal are the same

77429
Samesies.
texagpilot
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77079, my appraised value is $18,000 higher than I paid for house last February. Can i just protest with my sales price? Will that work?
FHKChE07
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77007

Market up another 12% this year. Still $100k less than what the exact same house next door just sold for so I will not say anything. House has doubled in value in 5 years. It is crazy.
Martin Q. Blank
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texagpilot said:

77079, my appraised value is $18,000 higher than I paid for house last February. Can i just protest with my sales price? Will that work?
80% chance yes.
Clavell
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Actually went down >5%. First time decreased since the 2009 drop. A little below 2015 appraisal now.

77396
schmendeler
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market up 2.3%. appraised up 10% working to catch up.

i'll probably use jubally to protest again this year. but if it's the same pointless exercise as last year, I won't be doing it again. that was a terrible experience.
CDUB98
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Why was it a terrible experience?

I was thinking of using them.
schmendeler
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CDUB98 said:

Why was it a terrible experience?

I was thinking of using them.
the HCAD appraisal review panel made it a terrible experience. flat out ignored my evidence in favor of the evidence the HCAD employee presented. it was like I had just showed up and sat there quietly. I don't mean to say that jubally made it a terrible experience.
Unnecessary Deafness
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77007 - No Change
YellAg2004
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schmendeler said:

CDUB98 said:

Why was it a terrible experience?

I was thinking of using them.
the HCAD appraisal review panel made it a terrible experience. flat out ignored my evidence in favor of the evidence the HCAD employee presented. it was like I had just showed up and sat there quietly. I don't mean to say that jubally made it a terrible experience.
What I've learned over the past few years of protesting is that you have to reach a settlement at the informal stage because the ARB is a complete waste of time. They claim to be impartial, yet they sit in the same room with the HCAD rep for who knows how many hours/days. It's inevitable that some bias begins to form there. Then couple that with the fact that the 3 people (in my experience) have absolutely zero ability to follow an argument that is based on logic and math.

I've put together packets of information, estimates, pictures, etc. that support my desired value and blow the HCAD value out of the water. The HCAD rep then proceeds to say 2-3 sentences that don't refute anything I said. Then one person from the board just pulls a number out of their ass that's about $5k lower than HCAD's number with no basis in anything HCAD or I presented.

The people I've had at the informal hearing have been much more willing to look at my evidence and listen to my argument with the goal of coming to an agreement. The times I've had to go to the ARB were because I forgot pictures of certain parts related to my argument and/or I wasn't satisfied with the informal offer (only to have the ARB assign a value $50k higher). So I've learned my lesson to not let things get past the informal.
CDUB98
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The only time I ever protested, back when I owned my own townhome, the person at the informal hearing didn't want to listen to me at all.

I had $/sq ft of every home in my complex (small). I had pictures of my place, which was a disaster at the time, and pictures of the next door neighbor's place which was renovated.

None of it mattered. He wanted to value my place as the highest $/sq ft in the complex.

He only relented when I showed him how much I paid for it the year before. If it weren't for that, HCAD was about to shove a 20 foot poll straight up my ass and tell me to enjoy it.

**** HCAD!!
Bondag
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4 years ago I settled in informal with Jubally.
3 years ago I went to informal with same paperwork and he wouldn't even discuss it with me so I went to ARB and was able to get it down to lower than I asked for in informal. (additional data had come in and lowered some of the comps)
2 years ago I didn't bother fighting. Had intentions, but life got in the way.
Last year used Jubally number on e protest and they accepted it. Then I got an email saying they weren't supposed to accept it and I could still go to my informal. NOPE.

It is a crapshoot on who you get and what side of the bed they work up on that day.
Diggity
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It's not always a waste of time.

I was able to get them to change my "Cost & Design" factor reduced from "Total" to "Extensive". If you dive deep into how they arrive at their final values, this small change in their view of the level of remodeling on your home makes a huge difference in your market value.

I walked out of the ARB meeting frustrated because they didn't touch my price that year, but it's saved me quite a bit of money over the past few years, and will continue to do so.
E
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77018

Just looked again, my HCAD market value didn't change this year but the appraised went up full 10%. My new appraised is about $4k less then HCAD market value.

Does HCAD take total bedroom into account? It says mines a 3/1 but it's really a 2/1. Don't know if that will help lower the appraised value.
sbs
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77024

No change, but I still plan to protest
Martin Q. Blank
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E said:

77018

Just looked again, my HCAD market value didn't change this year but the appraised went up full 10%. My new appraised is about $4k less then HCAD market value.

Does HCAD take total bedroom into account? It says mines a 3/1 but it's really a 2/1. Don't know if that will help lower the appraised value.
Absolutely. Get that corrected.
 
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