EL PASO, Texas (KFOX14/CBS4) — As property value notices arrive in mailboxes across El Paso County, appraisal officials are urging homeowners to review them closely and file a protest if something looks wrong — even if they are not sure they will follow through.
Dina Kilgore, executive director and chief appraiser for the El Paso Central Appraisal District, said Texas law requires appraisal districts to appraise all properties in the county at 100% of market value, even though Texas is a nondisclosure state where sales prices are not always publicly available.
“So we have to look at what sales we have, what information we have,” Kilgore said. She said the appraisal district also sends questionnaires and talks to builders and developers, then uses that information to develop a “basic medium price per square foot” for different categories of homes. From there, the district considers differences that may affect an individual home’s value, “positive or negative.”…