State property tax assessors use a variety of methods to estimate the value of your property, many of which are prone to serious inaccuracies. For example, in New York state, the assessor is not allowed onto your property unless invited, which forces them to use similar properties to guess the value of yours. However, as the certified appraisers at Rochester-based Metro Appraisal Associates explain, there are many situations in which getting an accurate valuation of your property can actually help you decrease your property tax liability.
One common tactic used by tax assessors and real estate agents is to compare your property to others like it in the area. However, no two houses are ever exactly the same. For example, home values in your neighborhood may have dropped, or there may be conditions specific to your property that will affect its value.
Some assessors even depend on pictures taken of neighboring houses during real estate sales to determine the value of yours. This can be very misleading, especially if your neighbors have installed upgrades that you did not. In this case, the taxes you pay could be assessed based partly on someone else's home improvement projects. Having a professional real estate appraisal is the only way to ensure that you're paying taxes only on the exact value of your property.
Metro Appraisal Associates will visit your home and, drawing upon their extensive industry experience and up-to-the-minute market expertise, will determine exactly how much your property is worth. Visit their website to learn more about their services, or just call (585) 225-3042 to schedule your appraisal today.