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04-16-2008, 01:10 PM
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Senior Member
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Join Date: Jul 2006
Location: Western Bexar County
3,162 posts, read 3,279,031 times
Reputation: 1052
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Bexar County Appraisals for 2008 Are Out
It looks like the 2008 appraisals are out. Mine went up another $8,000 again. One more year and the 2006/7 property tax break will be wiped out.
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04-16-2008, 01:22 PM
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Senior Member
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Join Date: Dec 2007
530 posts, read 565,895 times
Reputation: 82
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Thanks! Should I dispute?
Thanks for the info.
I can't believe that my old house went down 40 dollars! It's on the market right now. The land value stayed the same, the house value dropped.
The house I just bought went up 12K. It was worth 135, 460. I paid 135,650 for it in Feb 2008. There is a house down the street that is the same layout, same SF also all brick like mine but has a much bigger yard and backs up to a undeveloped land (mine doesn't). It is on the market for 134,900. Do you think I should dipute my 147K appraisal??
Update: I just checked BCAD for that house that is for sale for 134,900. It appraised for 151K. I guesss somebody is getting a good deal?
Last edited by shenane; 04-16-2008 at 01:25 PM..
Reason: Updated
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04-16-2008, 01:28 PM
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I'm bringin' GROOVY back!
Status:
"Excited to be a REALTOR again in 2010!"
(set 9 days ago)
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Join Date: Feb 2007
Location: Peace & Love is Livin' on the West End!
3,045 posts, read 1,941,965 times
Reputation: 1121
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Yikes!!!!
Ours went up $18,000!!!!!  And it's definitely not worth what THEY think it is!!! There's no WAY it would sell for that, not in today's market! Looks like it's time to dispute it. ugh. |
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04-16-2008, 01:30 PM
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I'm bringin' GROOVY back!
Status:
"Excited to be a REALTOR again in 2010!"
(set 9 days ago)
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Join Date: Feb 2007
Location: Peace & Love is Livin' on the West End!
3,045 posts, read 1,941,965 times
Reputation: 1121
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Quote:
Originally Posted by shenane
Update: I just checked BCAD for that house that is for sale for 134,900. It appraised for 151K. I guesss somebody is getting a good deal?
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No, bcad is wrong! And appraising too high!! Looks like they think this is still 2006 when prices were increasing like crazy. Bet they're gonna have lots of people "help" them understand the current market. |
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04-16-2008, 01:38 PM
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I'm bringin' GROOVY back!
Status:
"Excited to be a REALTOR again in 2010!"
(set 9 days ago)
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Join Date: Feb 2007
Location: Peace & Love is Livin' on the West End!
3,045 posts, read 1,941,965 times
Reputation: 1121
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Yeesh!
They're ALL outta wack! Our neighbor's house is currently listed for sale (albeit WAY too high) at $329K. BCAD has their's at $255K! Also, their property (land) is about 1/4 acre larger than ours and MUCH nicer, and they've got it valued at $2K less than ours. The whole system is a feakin' joke! 
(ok Jules, get off the computer and pack for your relaxing camping weekend!) |
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04-16-2008, 01:55 PM
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Conservative Thinker
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Join Date: Sep 2007
Location: San Antonio North
4,120 posts, read 2,111,683 times
Reputation: 928
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I thought they were trying to compensate for all the years the undervalued everyones house.
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04-16-2008, 02:08 PM
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Moderator
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Join Date: Nov 2007
Location: Texas
6,517 posts, read 4,030,846 times
Reputation: 2376
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Sales in my neighborhood have slowed. As the housing market cools, I expect appraised value increases should slow down as well. Despite all that, my appraised value went up about the same amount/percentage as last year. Hopefully next year will be different.  |
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04-16-2008, 02:27 PM
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you catch more files with honey...
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Join Date: Nov 2006
Location: San Antonio, TX
546 posts, read 670,486 times
Reputation: 169
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Ours went down...over $500. It doesn't surprise me considering we've had several houses on the market for close to a year in our neighborhood, but the appraised value is still almost 10K less than what houses around here are going for.
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04-16-2008, 03:12 PM
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How's that "change" workin' out for ya ????
Status:
"Hasta La Vista Congressional Seat..."
(set 29 days ago)
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Join Date: Mar 2008
Location: San Quilmas, Tx
1,793 posts, read 824,429 times
Reputation: 7232
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More good news....great !!! |
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04-16-2008, 03:16 PM
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Member
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Join Date: Jul 2007
20 posts, read 17,707 times
Reputation: 22
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My house is appraised exactly 10% over what I paid for it 6 months ago. My impression is that if I were to put it on the market today I could probably sell it for the same price I paid 6 months ago, and not at the value it is apraised. Can this be disputed?
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