To go through the process of contesting your new property valuation, start here. You will need your Account Number (also known as the Schedule Number). To find this number, click on this link below and enter your address. Here are a few notes and below you will find a video where we go through (and explain) the process ourselves.
• The value of your property is based on how it existed on January 1, 2019, but based on the market value as of June 30, 2018. A bit confusing, huh? Maybe this example will clear it up: Let’s say you were working on an addition to your home and it was finished up on December 31, 2018. Your new property valuation would consider your home with the addition but based on the market as of June 30, 2018.
• You have the right to protest the new valuation based on properties that have sold between June 30, 2016, and June 30, 2018.
• Yes, it is possible the protest will result in a decrease in your property valuatoin (which would, of course, reduce your property taxes), but you should also know that by submitting a protest you are opening up the possibility that the value actually ends up higher than the new valuation.