Real Estate Services
Appraisal districts use an inappropriate method to value personal property, which typically results in a value two to five times higher than what is reasonable. Depreciation schedules for personal property are applied to appraisal districts according to the physical-life method. In spite of this, the tool is not suitable. A physical-life depreciation schedule used by appraisal districts is not reliable or reasonable for valuing personal property. You cannot expect to get appropriate results if you use the wrong tool. To learn more about how appraisal districts estimate your property value, visit: https://www.poconnor.com/how-do-appraisal-districts-estimate-value/.