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The Effects of Property Tax Protests on the Assessment Uniformity of Residential Properties

Real Estate Economics, Forthcoming

Posted: 7 Feb 2013  

Elizabeth Plummer

Texas Christian University

Multiple version iconThere are 2 versions of this paper

Date Written: February 6, 2013

Abstract

This study examines whether the appeals process improves assessment uniformity for residential properties. The sample includes all single family residential properties in Harris County, Texas, for 2006-2008. I use a hedonic pricing model and Heckman’s two stage approach to explain the assessed values of all properties before and after the appeals adjustments. Full sample results suggest that the appeals process increased assessment uniformity and that the value adjustments were appropriate in amount. I also present results across properties of different values (low, medium, high). The first stage probit model provides evidence on the factors that affect the likelihood that an owner will protest.

Keywords: assessment uniformity, property tax, horizontal equity

Suggested Citation

Plummer, Elizabeth, The Effects of Property Tax Protests on the Assessment Uniformity of Residential Properties (February 6, 2013). Real Estate Economics, Forthcoming. Available at SSRN: https://ssrn.com/abstract=2212765

Elizabeth Plummer (Contact Author)

Texas Christian University ( email )

Fort Worth, TX 76129
United States

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