That is a really good result. The local appraisal board in my county rarely comes down more than 15%; much less 30%. Your 50% reduction is unheard of. People are getting lawyers and professional representation to deal with this board with minimal results.
Part of the problem is the group in the 2010s kept value repressed on purpose and now the State has taken notice. So it is hard to say a property is only worth $150k when a similar house down the same street sells for $400k less than 90 days ago.
Part of the problem is the group in the 2010s kept value repressed on purpose and now the State has taken notice. So it is hard to say a property is only worth $150k when a similar house down the same street sells for $400k less than 90 days ago.