The Basics of Property Tax Assessments

Here at Weichert, Realtors – Engle & Hambright, our team of friendly and helpful Realtors get asked lots of questions about home ownership.  One of the topics we get asked about regularly are property taxes and property tax assessments.   How do they work, what are they based on, why is a home priced at $x when the assessed value is $y, etc.   Continue reading…