This amazing seller’s market is raising everyone’s real estate values, which is bound to be reflected in higher property taxes.
Early next month all property owners in the state will receive a notice from their county assessor assigning a new “full valuation” on which 2021 and 2022 property taxes will be based.
The good news is that the valuation will be as of June 30, 2020, avoiding the worst of the increases which we have see since then.
Look for another blog post in early May in which I will instruct you on how to tell whether your home’s valuation is too high and how to appeal it.
Jim Smith's Blog 