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Curt Bixel's profile image
Curt Bixel's profile image
Curt Bixel
  • Rental Property Investor
  • from Columbus OH (columbus, oh)
  • Member since Apr 4, 2020

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Curt Bixel's profile image
Curt Bixel's profile image
Curt Bixel
  • Rental Property Investor
  • from Columbus OH (columbus, oh)
  • Member since Apr 4, 2020
Curt Bixel
  • Rental Property Investor
  • Columbus OH (columbus, oh)
71
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143
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General Landlording & Rental Properties

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. 

Columbus, Ohio
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Remington Lyman's profile image
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Remington Lyman
  • #5 Classifieds Contributor
  • Real Estate Agent
  • from Columbus, OH
  • Member since Oct 20, 2017

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Remington Lyman
  • #5 Classifieds Contributor
  • Real Estate Agent
  • from Columbus, OH
  • Member since Oct 20, 2017
Remington Lyman
#5 Classifieds Contributor
  • Real Estate Agent
  • Columbus, OH
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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

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