First time appraisal protest question

Robk

Joined: Jul 7, 2005

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Brewster county.

Bought the house in June 2021 for 240,000. Last year the appraisal was for 225,000. Jumped this year to 311,000. Would the fact that I bought it just last year for 240,000 be the evidence I need to show, or what type of evidence should I show.

Martin Q. Blank

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9:02a, 5/17/22

Yes, just send in your closing statement.

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jja79

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9:25a, 5/17/22

AG

As already said send it to them. And congratulations on living in Brewster County, seriously. That would be nice.

Robk

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7:02p, 5/17/22

Thanks, what I was thinking but since this is my first time did not want to eff it up. And yes when my wife finally gave the all clear to move I had a job 2 weeks later and got the hell out of houston.

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spike427

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3:11p, 5/18/22

AG

FYI Brazos CAD refused to lower to sales price from fall 2021 on a property on my street last week. They would only split the difference. If there is legal wording that guarantees that adjustment, I'd love to know about it!

NoahAg

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In reply to spike427 • 3:43p, 5/18/22

Wow, I assumed it was a state law that the CAD had to use your purchase price for 2 years. That's what I've done here in Harris County (we bought in Spring 2020). Especially nice since we bought at a discount.

Let's go, Brandon!

jopatura

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In reply to NoahAg • 3:59p, 5/18/22

AG

Same with my parents. Travis County told them that their May purchase price was no longer reflective of the market. They took some off, but not the full amount. Their appraisal was about $150k over their purchase price. They told my parents that all counties should be adjusting sales prices, but aren't.

CS78

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6:39p, 5/18/22

No rules that they have to accept it.

I had two closing statements on the same house in just a few months. Both below cad value and Brazos refused to lower it. Even spoke with the manager of the assessors.

One thing you can do is stop trying to settle your case early. File your protest and don't discuss it with them until right before your formal meeting. They get more motivated with time.

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