Slide Show | Updated February 2014

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7 Steps to Lower Your Property Tax Bill

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Home values have risen across the country, which means many homeowners’ property taxes are going up, too. But if your property tax bill has increased significantly, you may have grounds for an appeal, particularly if the increase seems out of line with overall appreciation in your area (see our story How to Reduce Your Property Taxes).

Most jurisdictions give you 90 days after you receive a new assessment to appeal, although some close the appeals window after 30 days, says Pete Sepp, executive vice-president for the National Taxpayers Union. Some lawyers handle property tax appeals on a contingency basis, but most homeowners can appeal on their own, Sepp says.

Plenty of property owners challenge their assessments each year, and between 20% and 40% of them win lower assessments and lower property tax bills. The following steps will show you the way to success.

7 Steps to Lower Your Property Tax Bill
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