Tax Impact

We know many property owners are concerned about how rising home values will translate into property taxes. It is true that many property owners will see an increase in taxes, but you should know that a 37% increase in values will not result in a 37% increase in taxes. Taxes will not go up at nearly the same rate as values. We estimate that taxes will increase 4-6%, on average, as a result of this property value update.

Below are some FAQs to help explain how this property value update will impact property taxes.

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