The Property Tax Appeal Guide for the City of Minneapolis

Why Twin Cities Homeowners Should Appeal Their Property Taxes Every Year

If you're a homeowner in the Twin Cities, you're probably aware of how much you're paying in property taxes each year. But did you know that you could be overpaying on your property taxes, and that appealing your assessment could save you hundreds or even thousands of dollars?

Here are some reasons why Twin Cities homeowners should appeal their property taxes every year:

• Property values change: Property values can change from year to year, and if your property has decreased in value, you could be overpaying on your property taxes. Conversely, if your property has increased in value, you could be paying too little in property taxes.
• Assessments can be incorrect: Property tax assessments are not always accurate, and if your property has been assessed too high, you could be overpaying on your property taxes.
• It's your right: As a homeowner, you have the right to appeal your property tax assessment. It's a process that is put in place to ensure that property owners are paying a fair and accurate amount in property taxes.

Appealing your property taxes every year may seem like a hassle, but it's worth the effort if it means saving hundreds or even thousands of dollars each year. Here are some steps you can take to appeal your property taxes in the Twin Cities:

• Review your property tax assessment: The first step is to review your property tax assessment to make sure that all of the information is accurate. This includes the size of your property, the number of bedrooms and bathrooms, and any improvements or renovations that have been made.
• Gather evidence: If you believe that your property has been assessed incorrectly, you will need to gather evidence to support your case. This can include recent home sales in your neighborhood, appraisals, and photographs of your property.
• Submit your appeal: Once you have reviewed your assessment and gathered your evidence, you can submit your appeal to the Minneapolis Board of Appeal and Equalization. The deadline to submit your appeal is April 30th.

If the idea of appealing your property taxes every year seems overwhelming, ProperTax can help. ProperTax is a new startup founded by Tony McGibbon, a former real estate appraiser with over 9 years of experience with real estate technology companies. ProperTax provides the easiest and most effective way to appeal your property taxes, saving Twin Cities homeowners hundreds to thousands of dollars each year. ProperTax's proprietary technology and team of experienced professionals work together to provide personalized support for each homeowner's unique situation, making the process of saving money nearly effortless.

In conclusion, appealing your property taxes every year is a smart financial move that can save you money and improve your overall financial situation. Don't let overpaying on your property taxes be a burden on your finances. Take the time to review your property tax assessment, gather evidence, and submit your appeal. If you need help, ProperTax is here to assist you in the process.