South Florida Property Appraisers have already certified the 2010 tax roll, with an average decreases of only 2.8% in Miami-Dade and an average decrease of only 1.6% in Broward, according to the Miami Herald. This, even while the average home in South Florida declined over 10% in value during 2010, according to multiple third party companies such as Zillow. Worst of all, County Property Apprasiers are saying values have actually INCREASED in Downtown Miami, Coral Gables, Pinecrest, Sunny Isles, Key Biscayne, Pembroke Pines, Plantation, and Weston.
These values, on average, are much higher than the market values of the properties on January 1, 2011. You don't have to be an expert to see that they are setting up the average homeowner to pay more than they should in property taxes. All this to help sustain the over-inflated budgets our governments created in the boom that were never trimmed back in the bust. Keep in mind this is just the assessed values. Who knows how high mileage rates will be set this year. We here at REPTF are not very hopefully to see them decline.
To learn more about how you can fight your property tax assessment and reduce your property tax bill for a low, flat fee, visit www.RealEstatePropertyTaxFighters.com. And share your thoughts with us on this and other important topics affecting your property taxes on our blog, at http://www.RealEstatePropertyTaxFighters.com/Property-Tax-Blog.html.
Article: http://www.miamiherald.com/2011/07/01/2296009/south-florida-property-values.html
