Still pending.

Guess I don't have to pay this year

Closed on a house in December. HCAD appraised market value at 15% more than I paid for it. Protest already sent.

Aggie71013 said:

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Closed on a house in December. HCAD appraised market value at 15% more than I paid for it. Protest already sent.

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You are screwed. Assessment is based on January 1 value.

Closed on a house in January and renovated prior to moving in. Received a letter in the mail not too long ago from HCAD asking for information regarding the newly purchased home (purchase price, etc.), so they could "provide a more accurate valuation". There is also a section asking if there have been any renovations made and the cost of those renovations. How would y'all go about this?

Martin Q. Blank said:

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713_Ag said:

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Closed on a house in January and renovated prior to moving in. Received a letter in the mail not too long ago from HCAD asking for information regarding the newly purchased home (purchase price, etc.), so they could "provide a more accurate valuation". There is also a section asking if there have been any renovations made and the cost of those renovations. How would y'all go about this?

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Throw it in the trash.

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Same thing I'll do when the communists send me a letter asking about my church membership.

713_Ag said:

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Closed on a house in January and renovated prior to moving in. Received a letter in the mail not too long ago from HCAD asking for information regarding the newly purchased home (purchase price, etc.), so they could "provide a more accurate valuation". There is also a section asking if there have been any renovations made and the cost of those renovations. How would y'all go about this?

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The same way the wise men did when Herod asked where Jesus was, so he could "worship him too."

713_Ag said:

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Closed on a house in January and renovated prior to moving in. Received a letter in the mail not too long ago from HCAD asking for information regarding the newly purchased home (purchase price, etc.), so they could "provide a more accurate valuation". There is also a section asking if there have been any renovations made and the cost of those renovations. How would y'all go about this?

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Trash can. Then do the same things with the next one. And the same thing with any other one they send out.

77018 - Have been using O'Connor for a few years and got my results back today. Last years $212.5K, this year raised full 10% to $233.75K, and final 2019 was lowered to $211,915 after hearing. Only thing I did different this year was told O'Connor that my house is 2 bedroom and not a 3 bedroom like it says on HCAD.

Down 10% in Meyerland. That's a 16% drop since 2014 with adding a pool in 2017.

Just got an email from HCAD that they're revising my 2019 appraisal value down to that of 2018. I suppose I made a compelling case when I filed my protest or it's because my house is listed for sale well below their "market" value and appraised value. In any event, I'm wondering if I should still have O'Conner try to protest it lower or take my 2019 savings and be happy?

Filed protest online and got my settlement offer yesterday. Their offer is 2% below last year's appraisal value after initially raising it 7% this year before I protested. Crooks, the lot of them.

Still pending in 77079

AgLiving06 said:

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Still pending.

Guess I don't have to pay this year

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I guess my comments angered the HCAD gods.

12% increase in Westbury.

Will be protesting.

Some how I completely forgot I hadn't received an appraisal from HCAD this year yet, and just checked online to see it's still pending for 77095.

Anyone else still pending? I haven't been keeping up, but maybe this is in regards to the tax reform noted above?

Still pending in 77009.

Still pending in 77018

77095
Market Increase: 17.8%
Appraisal: limited to 10%

Been lucky so far since I moved in 2014 I haven't had an increase.

Still waiting in 77096. I guess the 5/15 deadline to protest will be waived.

77429 --> improvement appears to have risen 24.5% from last year. Land value remains the same. Homestead exception is in place, which I thought capped the max increase at 10%?

You looking at market value or appraised value?

Not entirely sure.

Did you buy the property in 2018?

New improvements also arent subject to the 10% cap. Did you add square footage?

It doesn't sound like he made new improvements, just that the improvement portion of his value jumped 20+ %.

I'd guess he bought the house in 2018.

yeah, it would have to be one of those two things

Yes we bought the house in 2018. The value they have listed is more than we paid though.

Is there a chance in hell I can get it lowered to below what we paid?

you should be able to do a protest online and upload your closing docs to get the value lowered to the purchase price.

Its a pretty slam dunk case to get it lowered to exactly what you paid if you just give them your closing statement.

Do you think the house is worth less than what you paid? They almost certainly will not change it at all unless you provide your closing statement with the price (they know you bought it, if they dont already know what you paid, and you refuse to give them the price they will assume its because you paid more), then you will have to bring some pretty stiff evidence (like repair estimates or something and you will have to say you didnt know about it when you bought it or something like that). Even then youll likely end up having to attend a formal hearing and convice a 3 person ARB panel of that.

tamuags08 said:

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Yes we bought the house in 2018. The value they have listed is more than we paid though.

Is there a chance in hell I can get it lowered to below what we paid?

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Submit (electronically or in person) your purchase statement and they'll reduce the value to purchase price. It's possible to get below purchase price but not likely.

Your 10% appraisal cap will be in place for next years value.

What's everyone's experience of success at informal hearing vs formal?

5 of 6 getting the number Jubally provides. The 6th, got 2/3 the way there. Never had to go to formal

Anyone still waiting on their appraisal?