Is Your 2024 Property Value Stated Too High? Submit Your Protest within 3 Weeks

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Dallas County Homeowners Shocked by Property Appraisal Increases and Taking Action

Dallas Teacher Protests Property Value Increase Amid Rising Concerns in Cedars Neighborhood

Dallas teacher Melody Townsel loves her condo in the Cedars neighborhood, but recent developments have left her puzzled. Despite issues with heavy construction, poor sidewalks, and crime in the area, Townsel was shocked to see a 36% increase in her property’s market value this year.

Most of the increase is attributed to improvements on her home itself, but Townsel is adamant that her condo hasn’t seen much improvement compared to other units in the neighborhood. To challenge the appraisal, she has meticulously documented her concerns with pictures and descriptions in an eight-page document.

Townsel’s situation is not isolated, as many Dallas County homeowners have expressed dismay over larger-than-normal increases in their property’s market value. Some appraisals have surged by as much as 60%, sparking a wave of discontent among residents.

While the Dallas Central Appraisal District (DCAD) has not reported a significant increase in complaints, homeowners like Townsel are exploring options to lower their tax burden. One way to find relief is through a homestead exemption, which shields part of a home’s value from taxation and limits the annual increase in appraised value to 10%.

Realtor Kimber Fox highlights the impact of rising property taxes on renters, potentially leading to displacement in lower-income neighborhoods. Fox advises homeowners to protest the DCAD’s appraisal annually, underscoring the importance of staying informed and taking action.

As the deadline to protest property value approaches in Dallas County and surrounding areas, residents are urged to explore all available options to mitigate their tax liabilities. Despite potential challenges in navigating the process, seeking assistance from professionals can help homeowners secure fair appraisals and tax rates.

If you have a tip or story to share, reach out to Toluwani Osibamowo at [email protected]. Stay updated on developments by following Toluwani on Twitter at @tosibamowo. KERA News relies on the support of its members to deliver impactful reporting, so consider making a tax-deductible donation to sustain independent journalism.

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