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Updated about 1 year ago, 09/01/2023

User Stats

137
Posts
67
Votes
Curt Bixel
  • Rental Property Investor
  • Columbus OH (columbus, oh)
67
Votes |
137
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. 

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