Thousands protest property value increases in El Paso
EL PASO, Texas (KVIA) -- The deadline to challenge property value increases looms, set for May 15, making it a bustling time at the appraisal district and some property owners.
At the El Paso Central Appraiser District, officials say approximately 40,000 parcels, including commercial properties, have protested their property value increase in the past three years, representing roughly 10 percent of all parcels in El Paso.
To aid in preparing for a hearing, property owners can request the exact evidence the appraisal district will utilize, either in person or electronically. Seeking assistance from a real estate agent for evidence gathering, particularly for a Comparative Market Analysis (CMA) report, is recommended and often cost-free.
"We're looking for the same size. We're looking for the same amenities. it does have refrigerated air," says a real estate expert, emphasizing the importance of accurate evidence in challenging assessments.
For those looking to navigate the protest process, officials stress the importance of maintaining a respectful and patient demeanor. They advise property owners to distinguish between repairs and remodels when presenting evidence, as it can impact deductible amounts.
For more assistance, Erica Barnaby offers free CMAs and can be reached at 915-540-5447 or via email at Erica.k.harshaw@gmail.com.