Yesterday we received the county tax appraiser’s notification on the value of our house. I know that this is how they determine my annual property taxes but I'm in Alabama. I spend more at the local gas station in a month than I do on annual property taxes. Here is the dilemna. The value they listed is 8k less than I paid a year ago and since then I have spent 12k in the last year with fencing, sod, I wired the house to include patch panel, wood storage shed, etc.
My subdivision is new so I guess they don't have much to base it on. The house wasn't even finished when we bought it. I guess what I am asking is should I contest the apprasial? They said I had five days to provide documents showing true value. I know I will be selling this house in a few years so I don't want some buyer later down the road to throw this in my face.
My subdivision is new so I guess they don't have much to base it on. The house wasn't even finished when we bought it. I guess what I am asking is should I contest the apprasial? They said I had five days to provide documents showing true value. I know I will be selling this house in a few years so I don't want some buyer later down the road to throw this in my face.
