The goal of your new Property Valuation Appeal would be to lower the valuation to lower your taxes. When making an assessment of your property, appraisers would look at the # of bedrooms, the age, and the square footage +/- 10%. Recent comps would be within 180 days of the June 2018 cutoff (per the valuation). Here's the process:
Use three to five comparable properties that have sold recently that are very similar to your own in terms of size, style, condition, and location.
Once you identify comps, check the assessments on those properties. Our Summit County local government maintains this information on the public databases (CLICK HERE). If the assessments on your comps are lower, you can argue yours is too high.
Even if the assessments are similar, if you can show that the comparable properties are superior to yours, you may have a case for relief based on equity. Maybe your neighbor built an addition while you were still struggling to clean up storm damage. In that case, the properties are no longer comparable.
Armed with your research, call the assessor’s office. Most assessors are willing to discuss your assessment informally by phone. If not, or if you aren’t satisfied with the explanation, request a formal review.
Pay attention to deadlines and procedures. There's a form to fill out and specific instructions for supporting evidence. The length of the review process varies but be prepared to wait a few months (or sometimes even longer) for a final decision. Expect to receive a decision in writing.
If the review is unsuccessful, you can usually appeal the decision to an independent board, with or without the help of a lawyer.