Credit: Elwood Smith
This lovely infographic published by the Wall Street Journal summarizes how you might go about lowering your property taxes. Why would you want to go through that hassle? Well, consider that from 2005-2009 property taxes across the country increased on average by 20%. During that same time period, home values in the top twenty urban centers declined to the tune of 31%. So, a property tax appeal might be well worth your time.