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Does a Home Appraisal Affect Property Taxes?

It doesn’t always, but it certainly can.

An appraisal purchased by a property owner belongs to a property owner, so the government wouldn’t even know of its existence. However, if you are using an appraisal during a home purchase (helping to determine the final sales price), then the government likely will find out - because many local governments look at property sales records when doing their assessments.

If you think the government has assessed your property too high, you can pay for an appraisal that might show a lower value – and therefore end up paying lower taxes. However, you may end up paying for an appraisal that meshes with the government’s assessment.