Is there gold in your back yard? Check out the news story about How 2 men stepped up to the plate and won property tax reductions for an entire community ($2.4 million in tax revenue and an average of $500 to $1,600 a year in tax savings for the individual homeowners).

See http://propertytaxconsult.com/blog/ for full article.

The point is that property tax assessments are flawed and there is a good chance that you may have a case for property tax appeal.