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You've probably received your Washington County Property Tax notice in the mail by now. It’s one of those things that gets tossed aside into the “I’ll deal with that later” pile, right? I get it.
But since you’re inevitably going to wonder if they’ve overcharged you for property taxes at some point, I’m going to address it with you now! Here are the 3 key points you’ll want to consider:
1. Is the assessment accurate? You have to keep in mind that the value you see on your assessment is not the value of your home. This number is not what someone would pay you for your home if it were on the market. I would actually go so far as to say that 90% of assessments are probably a bit low. Meaning that your home is actually worth MORE than they’ve assessed you for....SHHH…I won’t tell the County if you don’t!
2. What should you do if it's inaccurate? If you think your assessed value is too high, get on a home evaluation site (Dixiehomevalue.com) and compare their value to what you received. If the difference is too great, you can contest it. Reach out to us and we can produce a price analysis that you can take to the assessor's office when you appeal. If you need to appeal, go to the Washington County website:(http://www.washco.utah.gov/assessor/boe.php).
3. What is the benefit to you financially? If you appeal and the county assessor accepts your appeal, for every $1,000 that they have over-assessed you, you will get $12 back in the form of a credit. So, a $10,000 over-assessment will get you $120 in credit.
Most of you don't need to worry about these things, but if you have any questions about your property tax notice, please don't hesitate to contact us. We would love to resolve any issues you may be having.
Until that time, or our NEXT video – onward and upward!