Comments on: Property Appraisals going up again??? http://steinerranchinfo.com/2008/04/property-appraisals-going-up-again/ Your one stop for all things Steiner Ranch Mon, 06 Sep 2010 03:43:17 -0400 http://wordpress.org/?v=2.8.6 hourly 1 By: Melissa http://steinerranchinfo.com/2008/04/property-appraisals-going-up-again/comment-page-1/#comment-2304 Melissa Wed, 31 Dec 1969 19:00:00 +0000 http://steinerranchinfo.com/?p=233#comment-2304 What TPFKasSRes said. I just called the realtor we used to buy the house, and she emailed me a list of comps the same day. What TPFKasSRes said. I just called the realtor we used to buy the house, and she emailed me a list of comps the same day.

]]> By: The Poster formerly known as Steiner Res http://steinerranchinfo.com/2008/04/property-appraisals-going-up-again/comment-page-1/#comment-2299 The Poster formerly known as Steiner Res Wed, 31 Dec 1969 19:00:00 +0000 http://steinerranchinfo.com/?p=233#comment-2299 Go to whatever real estate agent you used when you bought your house -- usually they will provide you the info (they want your business when you decide to sell). Go to whatever real estate agent you used when you bought your house — usually they will provide you the info (they want your business when you decide to sell).

]]> By: Michelle http://steinerranchinfo.com/2008/04/property-appraisals-going-up-again/comment-page-1/#comment-2296 Michelle Wed, 31 Dec 1969 19:00:00 +0000 http://steinerranchinfo.com/?p=233#comment-2296 I'm curious about the statement that protesting is "quick, easy, and free". The problem with protesting is that you need good sales data of comparables. This data of actual sales prices is not generally available to the public (that I'm aware of), and so it's not clear to me (and my neighbors) of how you can actually collect the data to make a compelling protest. How do people collect comparable sales data? Or how else are you doing this so that it's "quick and easy"? I’m curious about the statement that protesting is “quick, easy, and free”. The problem with protesting is that you need good sales data of comparables. This data of actual sales prices is not generally available to the public (that I’m aware of), and so it’s not clear to me (and my neighbors) of how you can actually collect the data to make a compelling protest.

How do people collect comparable sales data? Or how else are you doing this so that it’s “quick and easy”?

]]> By: Bill http://steinerranchinfo.com/2008/04/property-appraisals-going-up-again/comment-page-1/#comment-2285 Bill Wed, 31 Dec 1969 19:00:00 +0000 http://steinerranchinfo.com/?p=233#comment-2285 My appraisal went down 3%. I was not expecting that but will not be complaining either!! My appraisal went down 3%. I was not expecting that but will not be complaining either!!

]]> By: Another resident http://steinerranchinfo.com/2008/04/property-appraisals-going-up-again/comment-page-1/#comment-2283 Another resident Wed, 31 Dec 1969 19:00:00 +0000 http://steinerranchinfo.com/?p=233#comment-2283 PLEASE be sure to protest your values! It's quick, easy, and free, and when your neighbors' homes values go lower (per Travis CAD), it helps with your protest the next year. If enough of us protest, some will prevail and that helps everyone! PLEASE be sure to protest your values! It’s quick, easy, and free, and when your neighbors’ homes values go lower (per Travis CAD), it helps with your protest the next year. If enough of us protest, some will prevail and that helps everyone!

]]> By: Heather Stetten http://steinerranchinfo.com/2008/04/property-appraisals-going-up-again/comment-page-1/#comment-2278 Heather Stetten Wed, 31 Dec 1969 19:00:00 +0000 http://steinerranchinfo.com/?p=233#comment-2278 I think ours is over appraised as well...it's new, but we only paid like $311k for it and they appraised it at $360k or something to that effect...although, we have a corner lot, live in a neighborhood that only has ONE whole street with two cul-de-sacs on each end, ours is one of the largest sq footage in our neighborhood, largest yard I believe and thank God our side of the street doesn't back up to the new Longhorn Village going in...I don't want to look out my window and see someone else's house in my back yard...so I'm sure it's worth more than we paid, but I doubt that much more. I think ours is over appraised as well…it’s new, but we only paid like $311k for it and they appraised it at $360k or something to that effect…although, we have a corner lot, live in a neighborhood that only has ONE whole street with two cul-de-sacs on each end, ours is one of the largest sq footage in our neighborhood, largest yard I believe and thank God our side of the street doesn’t back up to the new Longhorn Village going in…I don’t want to look out my window and see someone else’s house in my back yard…so I’m sure it’s worth more than we paid, but I doubt that much more.

]]> By: Chris http://steinerranchinfo.com/2008/04/property-appraisals-going-up-again/comment-page-1/#comment-2277 Chris Wed, 31 Dec 1969 19:00:00 +0000 http://steinerranchinfo.com/?p=233#comment-2277 I hope you're right about our house being at the high end the average since it is new. Unfortunately, on my run this weekend I saw a house one street over (built in the same timeframe) for sale for about $100/sf. I hope you’re right about our house being at the high end the average since it is new. Unfortunately, on my run this weekend I saw a house one street over (built in the same timeframe) for sale for about $100/sf.

]]> By: Melissa http://steinerranchinfo.com/2008/04/property-appraisals-going-up-again/comment-page-1/#comment-2276 Melissa Wed, 31 Dec 1969 19:00:00 +0000 http://steinerranchinfo.com/?p=233#comment-2276 We are protesting. Our house is older (1998) but the TCAD says it's worth way more than it is. I already had our realtor run the comps for us, and according to that, our house is overvalued by about $25,000. You may have a harder time if your house is newer, however. Because there may be a lot of houses in your price range that are older and don't have things like granite, stainless, etc. So you may be at the high end of the average. And if it is newer, then the purchase price is probably not too far from current value. Our house is appraised quite a bit higher than what we paid 4 years ago. It's not worth what they say, but it is worth a lot more than we paid. We are protesting. Our house is older (1998) but the TCAD says it’s worth way more than it is. I already had our realtor run the comps for us, and according to that, our house is overvalued by about $25,000. You may have a harder time if your house is newer, however. Because there may be a lot of houses in your price range that are older and don’t have things like granite, stainless, etc. So you may be at the high end of the average. And if it is newer, then the purchase price is probably not too far from current value. Our house is appraised quite a bit higher than what we paid 4 years ago. It’s not worth what they say, but it is worth a lot more than we paid.

]]> By: Chris http://steinerranchinfo.com/2008/04/property-appraisals-going-up-again/comment-page-1/#comment-2275 Chris Wed, 31 Dec 1969 19:00:00 +0000 http://steinerranchinfo.com/?p=233#comment-2275 We got our property appraisal this week - maxed out again at 10% for the third year in a row. This puts the taxable value pretty close to the purchase price (which was about $135/sf - we have a corner lot and were charged a lot premium). The problem is that I got a SR real estate review yesterday that says that the average sale price for homes in our price range is around $100/sf. Any thoughts? We got our property appraisal this week – maxed out again at 10% for the third year in a row. This puts the taxable value pretty close to the purchase price (which was about $135/sf – we have a corner lot and were charged a lot premium). The problem is that I got a SR real estate review yesterday that says that the average sale price for homes in our price range is around $100/sf. Any thoughts?

]]> By: Melissa http://steinerranchinfo.com/2008/04/property-appraisals-going-up-again/comment-page-1/#comment-2202 Melissa Wed, 31 Dec 1969 19:00:00 +0000 http://steinerranchinfo.com/?p=233#comment-2202 I think anon is taking it a bit far, but he does have a point - sort of. I was involved in Real Estate for years, and Open Houses really don't sell houses. Like anon said, they market the realtor. They attract a lot of neighbors and people not qualified to buy the house anyway. They also attract theives who take the tour, see what nice stuff you have, and what kind of security system the house is equipped with. Then they come back during the week and rob the house. Happens quite a bit. I think anon is taking it a bit far, but he does have a point – sort of. I was involved in Real Estate for years, and Open Houses really don’t sell houses. Like anon said, they market the realtor. They attract a lot of neighbors and people not qualified to buy the house anyway. They also attract theives who take the tour, see what nice stuff you have, and what kind of security system the house is equipped with. Then they come back during the week and rob the house. Happens quite a bit.

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