Now that we are pretty much at the bottom of the market, I get asked all the time by clients and friends that own San Diego Real Estate about how to lower their property tax bases on homes that are currently valued much too high by the San Diego Tax Assessor.  Now many of you may have gotten notices of reduced base values in the mail from the assessor’s office.  However, there’s a very good possibility you could get it lowered further. 

The process is very simple.  Ask a local real estate agent, most preferrably the one that helped you buy the property, pull recent comps.  Choose 3 comps that are comparable to your property but that demonstrate the lowest possible value base.  Download the application form from the San Diego Tax Assessor’s site.  Download the “Application for Change Assessment” form.  Print, fill out in entirety and mail in to the San Diego Assessor’s office.  The time period in which to submit an appeal is from July 2nd to November 30th for the 2009-2010 tax year.

Tara Steinke

Coldwell Banker

619-384-6014

SDRealtor.Tara@gmail.com