If your Proposed Value is above the median level of other similar properties in the appraisal district you can qualify for a reduction based on Inequality of Appraisal (comparable assessments). Successful protests under Inequality of Appraisal result in taxable values below market. Your value could be reduced below a price you recently paid for the property. The District has the burden of establishing that the appraisal ratio of your property is not greater than the median level of appraisal of (1) a sample of other properties in the District, or (2) a sample of similarly situated properties of the same general kind or characters as yours or (3) a sample of comparables appropriately adjusted to resemble yours. If the district can't meet that burden then your value will be reduced to below market.
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