Have a Tax Question? Ask a Tax Expert
You should be basing your appeal on UNIFORMITY: Does the property value compare with the value of similar properties? You already stated that the adjoining property is taxed a t a lower rate.
Unless the adjoining property has been placed under conservation use, then the value would be an issue.
Standing timber is not taxed until sold or harvested, then they tax it based on 100 percent of its fair market value. If you did not replant the timber is no longer there to add to the value. Real property is defined as land and generally anything that is erected, growing, or affixed to the land.
You can use the following site and search for tax values for at least 3 similar properties to show the valuation is too high for your property.