Property Tax Assessments

Recently, we have each received tax re-appraisal of our properties. According to the Lee County assessor's office, our valuation has gone up a whopping 50% over the past 3 years. There is a part of me that feels this is good; however, it is not realistic and will result in a high tax bill by year's end. We have a narrow window of opportunity to appeal (March 15), but the rules for appealing are strict. This is made worse by the fact that there are no sales in the area for the past 3 years. If everyone appeals in a like manner, it will improve our chances of a favorable ruling.