Check the mail: Your house could be worth more

Check the mail: Your house could be worth more
Posted at 11:49 AM, Feb 27, 2018
and last updated 2018-02-27 12:49:27-05

OLATHE, Kan. – For many Johnson County homeowners, the thrill of checking the mail this week might bring both a blessing and a surprise.

On Monday, the Johnson County Appraiser’s office started the process of mailing out roughly 200,000 notices to homeowners about the appraised value of their home. The value is what the appraiser’s office thinks the home could sell for on the open market.

Last week, 41 Action News Reporter Sarah Plake detailed homeowners in northeast Johnson County who were expecting their home values to jump, in some cases more than 15 percent.

The appraiser’s office said the notices will continue to go out throughout the week, with those valued at less than $350,000 seeing the biggest jump.

A spokeswoman for the county said that so far, the county has taken one call from a homeowner asking what impact the jump might have on taxes.

An increase in property values could eventually mean an increase in property taxes for homeowners, but until taxing districts across the county set their rates this summer and fall, how much of an impact it might have is unknown.

For residents who want to dispute their property’s new value, the county has set up an appeals process. Most property owners have until March 28 to file an appeal, while commercial property owners have until March 14.

More information about the appeals process is available on the county’s website.