Equalize Features
The Big Picture: We compare your property's price per square foot (using DCAD's data) to similar homes in your neighborhood to determine your protest potential for the most common form of protest.
Step 1: Find Your "Peers"
We search for properties in your neighborhood that are similar to yours:
- We look for homes with similar square footage (within 20-30%) and built around the same time (within 15-25 years)
- If we can't find enough similar properties with strict criteria, we expand the search to cast a wider net
Step 2: Calculate Price Per Square Foot
For your property and all the comparable properties, we divide the assessed value by the living area square footage. This gives us a "price per square foot" (PSF) that we can fairly compare across different sized homes.
Step 3: Rank All the Comparable Properties
We line up all the comparable properties from lowest PSF to highest PSF and calculate key benchmarks:
- 25th percentile: 75% of similar properties are assessed higher than this
- 40th percentile: 60% of similar properties are assessed higher than this
Step 4: Determine Your Protest Potential Index
- 🟢 Higher protest potential (You may be over-assessed): Your home's assessed value per square foot is at or above the 40th percentile. While we can never guarantee a successful outcome, this is the type of data that supports a protest case.
- 🟡 Moderate protest potential (Your assessment appears near peer average): Your home's assessed value per square foot falls between the 25th and 40th percentiles. If you are in this category, the case for protest is not clear. What we can tell you is that protesting itself is free, easy to do, and you always have the right to do it. We protest every year regardless.
- 🟡 Lower protest potential (You may be under-assessed): Your home's assessed value per square foot is below the 25th percentile. Compared with your peers, based on our analysis, your case for an Equal & Uniform process isn't as strong. But again, protesting itself is free and easy. You'll never know if you do not try!
The Target Value
For properties showing higher protest potential, we calculate a suggested "target value" by taking the average of the 25th and 40th percentile PSF rates and multiplying by your home's square footage. This provides one data point to consider in building your case, but appraisal review outcomes depend on many factors.
The Legal Basis: Texas law requires "equal and uniform" taxation, meaning similar properties should be assessed similarly. If your property is significantly higher than your peers, this data may support an argument that your assessment violates this principle. However, appraisal review boards consider multiple factors and outcomes are not guaranteed.