Lake Conroe Appraisals Blog

Hey there, Montgomery County homeowners! Today, we’re tackling an often overlooked but incredibly important aspect of homeownership: property taxes. Many people are unaware of how their homes are assessed, how they’re taxed, and that you can actually protest the value the county has recorded. Let's dive into the tax protest process and help you potentially save some money. Understanding Property Assessments and Taxes In Montgomery County, property taxes are based on the assessed value of your home. This value is determined by the Montgomery Central Appraisal District (MCAD) and is used to calculate how much you owe in property taxes. However, sometimes the assessed value may not accurately reflect your home’s market value or improvements. Key Points: Assessment Date: Property values are assessed annually as of January 1st. Market Value vs. Assessed Value: Your home’s market value is what it would sell for under normal conditions, while the assessed value is used for tax purposes...

Hey there, Realtors and real estate agents of Montgomery County! Today, we’re diving into a game-changing service that can make your life easier and your listings even more attractive to potential buyers. At Lake Conroe Appraisals , we offer a specialized measurement service that provides accurate Gross Living Area (GLA), detailed home sketches, and measurements for all areas with contributory value. Let’s explore why this small investment can save you headaches and potentially thousands of dollars down the road. The Importance of Accurate GLA First things first, let’s talk about Gross Living Area (GLA). GLA is the total finished, livable space within a home, measured in square feet. Accurate GLA is crucial because it directly impacts the property’s market value. When the GLA is incorrect, it can lead to a cascade of issues, from pricing inaccuracies to complications during the appraisal process required by lenders. How Our Measurement Service Works At Lake Conroe Appraisals, we provi...