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Brockway Realty Blog
Keeping you in touch with League City, the Galveston Bay Area, and beyond.

Take Back Meds Day to be Held at Local Police Departments on April 25th
Posted In: Events & Attractions Posted by Pam Moore on 04/23/2015


Bay Area Alliance for Youth and Families –  “Saturday, April 25 from 10 a.m. to 2 p.m., the League City and Nassau Bay Police Departments will be set up to take back expired or unneeded prescription and non-prescription medications. In contrast to the last few years, the Drug Enforcement Administration is no longer coordinating these national events. Therefore, it has become necessary for local law enforcement agencies to organize and pay for disposal. Previous local collection efforts coordinated by the Bay Area Alliance have resulted in the collection of nearly 8,500 pounds of medications.”

“Participants will just “drive through” the drop-off site at each facility where law enforcement will take medications for proper and secure off-site disposal. Please note that this entire process is completely anonymous and no identifying information other than zip code will be requested or noted.  **Please note: No Sharps Will Be Collected!**”

For more information, please contact the Bay Area Alliance for Youth and Families at 281-284-0370.

Brockway Realty maintains a Community Calendar on their website; check this calendar for events/activities in your city.

Brockway Realty Blogs - Keeping you in touch with League City, the Galveston Bay Area, and beyond.

By Pamela Moore, Feature Blogger for Brockway Realty

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It’s Property Tax Protest Time Again! Values are Rising
Posted In: General News | Residential Posted by Penny Brockway on 04/21/2015


Homeowners can receive substantial savings on their property taxes if they are well informed with the protest process.

The following provides valuable insight and comes to us from Clint Terrell, of Mattox Terrell & Associates, Inc. located at 1614 Ave B in Katy, TX  77493.  Clint or any of his protest group can be reached at 281 391 1001 or clintt@mattoxterrell.com.

First you need to decide if you will represent yourself or hire a Licensed Tax Consultant or Licensed Real Estate Agent.  If you choose a Licensed Tax Consultant or Real Estate Agent you will need to sign an appointment of agent form authorizing them to represent you for property tax matters.  Property owners should appeal the “Market Value” and “Unequal Appraisal” of their property annually regardless if the Appraisal District increases their value or not.

If you choose to represent yourself, the process is as follows:
  • You will first receive your property value notice from the appraisal district for the county that your residence is in. You will have a “Market” value as well as an “Appraised” value.  You will pay tax on the appraised value less any exemptions you may have.  However, when filing your protest you are protesting your “Market” Value.
  • Every year is a re-appraisal year and the appraisal district may raise your “Appraised” value no more than 10% per year unless you have made structural improvements (ex: added an addition, patio, pool) or do not have a homestead exemption.  Then the Appraised value can increase by the market amount of the new construction plus the 10%.  If you do not have a homestead exemption on your residence the “Market” and “Appraised” value can increase by any amount.
  • Once you receive the value notice you can either file your protest by US Mail or On-Line at the Appraisal Districts website for your county.  Protests must be filed by May 31st or 30 days after the appraisal district mails a notice of value.  Note it is 30 days after the date the appraisal district mails the notice including weekends not 30 days after you received the notice.  If the deadline falls on a holiday or weekend, the deadline is extended until the following workday.
  • When you file your protest it is very important that you make sure to check the boxes under “Reason for Protest” that say “Value is over Market Value” and “Value is Unequal Compared with other Properties”.  If you do not check both boxes you will only be able to argue the one that you did check.  Example:  if you only check the box that says Value is over market value when it is time for your hearing you will only be able to present evidence of sale you will not be able to compare your property to other properties like yours.
  • Once you have protested your property you will then need to compile sales information for properties in your area that are comparable to your property looking at size, year built, condition, as well as comparable properties for your equity argument.  With your equity argument you will need to compare properties in your neighborhood that are the same size, year built, condition.  Remember you are comparing “Market” value not “Appraised” values.
  • After presenting you evidence the appraisal will make a determination if they agree on a reduction in value.  If you do not agree with their recommendation you may refuse their recommendation and request a Formal hearing.
  • At a formal hearing it will be you the property owner, an appraiser from the appraisal district and three independent and separate individuals known as the Appraisal Review Board or ARB.   You will present your information to the ARB, and then the Appraiser will present their information to the ARB.  The ARB will then make a determination on what the value of your property should be.
  • If after your formal hearing you are still not satisfied with the outcome you have the option then to hire an attorney at your expense to file litigation against the appraisal district.


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The Lakes of South Shore Harbour Market Report for March 2015
Posted In: League City News | Residential Posted by Cindy Dudley on 04/20/2015


Home prices in the Lakes of South Shore for March 2015 remain strong.

Sales information as reported by the Houston Association of Realtors:
There were 8 closed sales for the month of March, ranging in adjusted sales price from $193,000 to $395,000 with an average of $284,375 ($90.97/sq. ft).

For this same month last year, there were 11 closed sales, ranging in adjusted sales price of $190,000 to $329,000 with an average of $253,852 ($90.05/sq. ft). While the sales prices went up on average a little over $30,000 (12%) from last year, the average days on the market also went up from 26 days last March to 55 days this March.   The increased days on the market could be indicative of a cooling off of a 2 year red hot market that we have experienced in the area.  However, don’t discount the cold and rainy spring we have seen this year in keeping some buyers less than motivated.  Plus, with inventory still low, potential sellers may be waiting to see more homes become available before they take the leap and go to market with their own homes.  Nevertheless, with prices climbing steadily and sales prices coming in at 98% of the list price, The Lakes of South Shore is maintaining its Seller’s Market status.

Currently, there are 10 active listings in the neighborhood and 12 listings under a pending sales contract.

Cindy Dudley is a licensed agent with Brockway Realty, LLC, a residential brokerage operating in the League City, Friendswood and Houston areas with 14 agents.  Cindy lives in the Lakes of South Shore Harbour along with her husband Chris and their two children.  Contact Cindy by text or phone at 281-900-1189 or email at cdudley@brockwayrealty.com

Tagged With: Lakes of South Shore Harbour | League City



The City of Pearland & Keep Pearland Beautiful Celebrate Earth Day
Posted In: Events & Attractions | Pearland News Posted by Pam Moore on 04/17/2015


     
The City of Pearland and Keep Pearland Beautiful collaborate to present a community Earth Day Celebration, on Saturday, April 18th, 10 am to 2 pm. This free event will take place at the Pearland Rec Center & Natatorium, located at 4141 Bailey Road.

Family fun activities are planned to learn about how to take care of our earth. Vendors will have interactive activities and booths; additional games, inflatables, lectures, hands-on activities, and more are planned.  No food vendors will be located onsite.

Brockway Realty maintains a Community Calendar on their website; check this calendar for events/activities in your city.

Brockway Realty Blogs - Keeping you in touch with League City, the Galveston Bay Area, and beyond.

By Pamela Moore, Feature Blogger for Brockway Realty

Tagged With: Earth Day | Pearland



Friendswood Hosts Multiple Activities During ‘Spring Sparkle’ on April 18th
Posted In: Events & Attractions | Friendswood News Posted by Pam Moore on 04/16/2015


Questions about the Spring Sparkle can be answered by the City of Friendswood Parks and Recreation Department at (281) 996-3220.

Brockway Realty maintains a Community Calendar on their website; check this calendar for events/activities in your city.

Brockway Realty Blogs - Keeping you in touch with League City, the Galveston Bay Area, and beyond.

By Pamela Moore, Feature Blogger for Brockway Realty

Tagged With: Friendswood | Spring Sparkle



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