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You might be able to save hundreds of dollars annually by challenging your property tax assessment, and those savings may continue for years to come.
Property tax bills across America are on the rise, with the median bill jumping to $3,500 in 2024, a 2.8% increase from the previous year, according to Realtor.com. But here’s the good news from Realtor.com: you don’t necessarily have to accept the assessment you’re given. Filing an appeal could save you hundreds of dollars annually, with potential median savings of $539 per year. Even better?
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