Property Tax Abatement

LandVest offers valuation and advisory services to both property owners and municipalities pertaining to property tax assessments and appeals. Our consulting group includes appraisers who are qualified expert witnesses that are prepared to appear before appellate tax boards or mediation panels in defense of their opinion of value. We provide this service for all property types; residential, commercial, and industrial.

ASSISTING PRIVATE PROPERTY OWNERS

For owners of income producing properties the real estate tax expense can be among the highest of all operating expenses. Making sure your property’s assessment is in line with market conditions and competitive properties is crucial in gaining and maintaining tenants as this expense is commonly passed on to them. For owners of single-family homes, a property that is over-assessed may take longer to sell and impact its eventual price.

ADVISING CITIES/TOWNS

Several members of our consulting group currently advise municipalities regarding their annual assessment process. Market conditions are shifting swiftly depending upon property type and being up to date on values and trends can help cities and towns avoid costly appeals that lead to litigation.

A PHASED APPROACH

For property tax abatement appraisals, we commonly complete projects in phases. If during the initial phase, we determine the property is not over-assessed and does not have a strong basis for appeal, we will notify the property owner who then can halt the process and avoid the cost of a full narrative appraisal.

LITIGATION SUPPORT

In some cases, an appeal must go to court if a settlement can’t be reached regarding an abatement request. LandVest has appraisers with extensive experience in testifying before appellate tax boards throughout the Northeast states. Learn more about  litigation support services .

Common Questions

What if your opinion of value suggests we don’t have a basis for appeal?

For property tax abatement appraisals, we commonly complete in phases. If during the initial phase, we determine the property is not over-assessed, we will notify the property owner who then can halt the process and avoid the cost of a full narrative appraisal.

What if a settlement can’t be reached regarding an abatement request?

In some cases, an appeal must go to court. LandVest has appraisers with extensive experience in testifying before appellate tax boards throughout the Northeast states.