About 60% of lower-priced homeowners may pay higher property taxes than their counterparts who own more expensive homes, according to a new study released Tuesday. Why? Owners of those higher-valued properties, ranging from $500,000 to $1.2 million, are at least two times more likely to appeal their property taxes and possibly pay far less, said Ownwell, a property-based startup in Austin, Texas. The amount of appeals depends on the county and the state. For example, homeowners of higher-value… Source link
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