Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

143
Posts
71
Votes
Curt Bixel
  • Rental Property Investor
  • Columbus OH (columbus, oh)
71
Votes |
143
Posts

Appealing Property Reappraisals - is it worth the time?

Curt Bixel
  • Rental Property Investor
  • Columbus OH (columbus, oh)
Posted

I just got the property reappraisals for several of my rental properties.  I am curious about the appeal process and if anyone has gone through that in Columbus.  The values are a bit arbitrary.  One thing I noticed is that most of the valuations for properties on the auditors website are about 60-80% of their real market value.  

So, if a few of mine are valued pretty much at market value, is there any sense making the argument that I would like my property valued at the same percentage of market value as the neighboring properties, or is that simply a waste of my time. 

Most Popular Reply

User Stats

6,416
Posts
7,201
Votes
Remington Lyman
#5 Classifieds Contributor
  • Real Estate Agent
  • Columbus, OH
7,201
Votes |
6,416
Posts
Remington Lyman
#5 Classifieds Contributor
  • Real Estate Agent
  • Columbus, OH
Replied
Quote from @Curt Bixel:

I just got the property reappraisals for several of my rental properties.  I am curious about the appeal process and if anyone has gone through that in Columbus.  The values are a bit arbitrary.  One thing I noticed is that most of the valuations for properties on the auditors website are about 60-80% of their real market value.  

So, if a few of mine are valued pretty much at market value, is there any sense making the argument that I would like my property valued at the same percentage of market value as the neighboring properties, or is that simply a waste of my time. 


 I sent you the person I am having challenging my values. He should be able to help you out

business profile image
Reafco
5.0 stars
12 Reviews

Loading replies...