Tax Valuation vs. The Real World -Texas Style
By Brian Rugg, Sun City TX Real Estate - Georgetown, TX Real Est
(Rugg Realty LLC Sun City Texas 512-818-6700)
Tax Valuation vs. The Real World -Texas Style Texas is a non-disclosure state, therefore the sales prices of homes are not revealed publicly. Sounds strange doesn't it? It's one of the quirks of doing business in Texas. Consumers are always looking for ways to determine value here in Sun City Texas. Inevitably, consumers turn to the property tax valuation (which is part of the public record and used by Zillow) to see what they can glean from the tax roles as an indicator of market value for specific properties. As real estate professionals we know that Tax Valuation does not equal Market Value, even though the tax assessor here in Williamson County and Georgetown tries their best to hit the mark. Consequently, tax valuation does have a correlation to real market value and is an...
Comments
0