Appeal Your Property Appraisal, Reduce Your Tax Bill - NBC 5 Dallas-Fort Worth

Appeal Your Property Appraisal, Reduce Your Tax Bill

Lower property values bring appraisal appeal rush

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    Reduced values for many neighborhoods were reflected in notices sent to property owners earlier this year.

    Monday at midnight is the deadline to file a tax appraisal appeal and thousands of North Texans are rushing to beat it. 

    The Dallas Central Appraisal District (DCAD) office at 2949 North Stemmons Freeway was jammed with people Friday. The walk-in wait time for an informal appeal with an appraiser was as long as two hours.
     
    “This year is not necessarily any more busy,” said district spokesperson Cheryl Jordan. “Maybe it’s a little less busy because we did lower over 250,000 residential values.”
     
    Those reduced values for many neighborhoods were reflected in notices sent to property owners earlier this year.
     
    “It’s the first time it’s gone down in quite a while, so people aren’t accustom to us lowering values if they're a recent homeowner,” Jordan said. 
     
    Overall, DCAD posted a preliminary overall increase of just 2.43% countywide this year compared to the certified tax roll in 2008 -- much smaller than past years. 
     
    But the City of Dallas expects a 5% decline in overall values after all the appeals have been heard. Lower overall values mean less tax revenue for local government.
     
    DCAD will have special hours for residential appeals on Saturday morning from 8 a.m. to 12 p.m. The office will be open again Monday from 7:30 a.m. until 5:30 p.m.
     
    To avoid long wait times in the office at the last minute, property owners who have evidence to support a lower appraisal can file an appeal notice in writing by mail. It must be postmarked by midnight Monday.
     
    “So they have plenty of time to come and talk to an appraiser, but they must act in order to file their protest in writing,” Jordan said.
     
    More information is available on the Dallas Central Appraisal District Web site: http://www.dcad.org.
     
    Appraisal districts in other North Texas Counties follow the same deadlines with similar policies.