Record number of property appraisal protests filed in Dallas County
DALLAS - The Dallas Central Appraisal District expects this to be a record year for protests on property appraisals.
The county received about 164,000 protests before Tuesday’s filing deadline.
The chief appraiser gave his annual update to the Dallas County Commissioners. He said home tax values are up 25% to 30% in Dallas County.
RELATED: North Texas homeowners getting 'sticker shock' with new property tax appraisals
Ken Nolan said the high appraisals reflects the market and there are not enough houses on the market to meet the current demand.
"I think there’s always going to be an inventory problem. Normally, inventory is six months supply. We have less than a month and a half supply of homes for sale right now," Nolan told commissioners.
People who protest will have to wait several weeks to learn whether their appraised value of their home will drop.
Values will be certified on July 25.
RELATED: Texas voters approve two modest property tax relief measures