< Back to Articles
What is a Tax Assessment?
Received one of these in the mail this week?
Not a tax bill, this is your tax assessment.
We're in the middle of a county wide tax assessment in Richland County, letting you know that your home value/taxes will be going up on your tax assessment.
Every couple of years, they are allowed to go up a bit.
On this assessment you'll see the fair market value, what the taxable rate value is, etc.
If my tax assessment bill said $96,000. Being a Realtor, I know that if I could sell for $96,000 I would, but that's not the actual fair market value. Then I can go to the County site 90 days from receiving the notice and let them know that I don't believe this is the right assessment. Then provide comps to back up my statement.
If you believe your tax assessment is incredibly hight, you can let the County know and this is where we come in. We're happy to provide a comparative analysis to help you bring your taxable value down.
Again, this is not your tax bill. This is what they'll use to come up with your tax bill in October.
Free Accurate Home Value
Receive a comparative analysis on your home provided by the market specialist at The ART of Real Estate, LLC.
Let's Keep in Touch
Subscribe to get updated on the most recent information from The ART of Real Estate Team at eXp Realty
I agree to be contacted by The ART of Real Estate Team at eXp Realty via call, email, and text for real estate services. To opt-out, you can reply ‘STOP’ at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy and Terms of Service.