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Posts Tagged ‘2011’

2011 Annual Real Estate Market Trend Report

December 1st, 2011 Comments off

Chandler Reports is excited to announce the release of their first annual market trend report for Shelby County!

This comprehensive report will contain each of our 2011 year-end market trend reports covering residential and commercial sales, detailed foreclosure analysis, new housing analysis and lender activity! 

In addition to providing our market trend reports we will also include several market trend graphs comparing current trends to prior years providing an in-depth view of current market activity!

You receive over 30 invaluable reports and graphs for only $100!

The report will be released in January. Click here to see a full listing of the reports that will be included in the annual report.

Click here to pre-order your report today!

Appealing Your 2011 Property Taxes?

March 24th, 2011 Comments off

It’s that time of year again!

Average home sales prices for Shelby County were up 0.6% from 2010 but many homeowners live in areas where home values have decreased including Arlington (down 5%), River Oaks 38120 (down 21%) and  Bartlett’s 38135 (down 7%).  Click here to review our “2010 Shelby County Sales by Zip Report”.

The following are some great tips and tricks for appealing your 2011 property tax appraisal value! 

  1. Keep in mind that you only have 15 minutes to present your case to the Board of Equalization. Be prepared and make sure you have all of the data that you need with you to prove that your property tax appraisal value should be lower based on 3-4 sales comparables from 2009 and 2010.
  2. Bank sales are are not permitted as viable sales comparables!
  3. If your home is surrounded by rundown and/or foreclosed properties that could be affecting your home’s value, take external property photos of your property and those closest to your home to show to the Board.
  4. If you have refinanced your home, or had a formal appraisal conducted on your property in the last 3 years, be sure to request a copy of the appraisal from the Certified Appraiser or the Lender.
  5. If you have not remodeled the inside of your home in the last 15-20 years, take photos of the original kitchen, bathrooms, flooring etc. This will aid in your appeal if most homes in your neighborhood have been upgraded or remodeled and resold at higher values.
  6. Be sure you are not in jeopardy of a tax increase! If your data shows that your property should be at a higher value than the 2011 rate, the Board of Equalization can RAISE the value for your property!

We are happy to review your current property appraisal value and sales comparables before you decide to appeal. Please contact Wendy Greenlaw at wendy@chandlerreports.com or 901-528-5273 for a free consultation.

You may purchase our $49 Tax Kit available at www.shelbytaxappeal.comto receive sales comparables for the past 2 years, your property’s Foreclosure Effect Report, access to The Daily News Online’s neighborhood report and more! Check out our free reports on the site as well!

Certified, professional appraisers can provide you a full analysis of your property and assist you with determining the fair market value of your home. Licensed appraisers have the education and experience necessary to give you an independent, impartial and objective opinion of value. You may click here for a list of local Appraisers.