Maryland Property Tax Appeals, Lawyer: Assessed Value vs. Home Value

If the assessed value of my property is reduced, will this lower the value of my home?

No!

Your fair market value and your assessed value are different values. When real estate professionals value a property they take current market data into consideration and place no emphasis on the assessed value. The value of your property is driven by what buyers have paid for similar properties, and not on the state’s assessment.

For a free, confidential conversation to learn more about contesting your property taxes and a professional legal assessment of whether your property is overvalued, contact attorney Stephen J. Reichert at 410-299-4959, sreichert@reichertlegal.com or by clicking here.

Day, evening and weekend appointments are available in the Baltimore office or at your residence. Mr. Reichert personally serves clients and files property tax appeals throughout the entire State of Maryland.