/u/projectaccount9 - HoustonNewMedia.org https://houstonnewmedia.org/author/u-projectaccount9/ Building "Bridges" Across the Bayou City! Sun, 20 Mar 2022 03:34:30 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://i0.wp.com/houstonnewmedia.org/wp-content/uploads/2022/11/cropped-cropped-Houston.png?fit=32%2C32&ssl=1 /u/projectaccount9 - HoustonNewMedia.org https://houstonnewmedia.org/author/u-projectaccount9/ 32 32 103504436 HCAD Purchase Price Rule https://houstonnewmedia.org/hcad-purchase-price-rule/?utm_source=rss&utm_medium=rss&utm_campaign=hcad-purchase-price-rule Sun, 20 Mar 2022 03:34:30 +0000 http://houstonnewmedia.org/?guid=f091302552fef441c0f4fbf6c5c0a710

So HCAD just valued my new construction house $100,000 over what I paid for it last year. Add in the rule that they will not process homestead exemption the first year apparently and this is a pricey issue.

My question is will they just move it down when I show them the purchase price? I'm not asking if they should but am asking if anyone knows their actual policy. I have heard that they have done that in the past, but who knows now?

Also, does it matter that their square footage is also 200 square feet is also 7% bigger than what the builder told us?

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The post HCAD Purchase Price Rule first appeared on HoustonNewMedia.org.

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