Archive for Thursday, March 1, 2001

DeSoto home values on the rise

March 1, 2001

Seventy-nine percent of DeSoto property owners will find their homes increased in appraised value when they receive valuation notices from the Johnson County Appraiser's Office in the next few days.

The appraiser's office sent out 180,000 valuation notices Wednesday. The notices will come with a card property owners can return if they want information on appealing their valuations.

According to the appraiser's office, 1,019 residential parcels within DeSoto saw an increase in valuation from last year. Of those, 311 increased from 1 to 5 percent and 406 increased from 6 to 10 percent. That is in line with the overall increase in DeSoto's appraised valuation of 7.7 percent.

Countywide, residential property registered an 11.23 percent increase in appraised value, while commercial properties increased by 13.62 percent.

The increases indicate the housing market remains strong in the county, Johnson County Appraiser Paul Welcome wrote in his report to the county commission.

Gardner again saw the largest percentage increase in appraised valuation with a 14.4 percent increase.

DeSoto's appraised valuation increase was slightly lower than the smaller cities of Spring Hill (9.6 percent) and Edgerton (9.8 percent).

Twenty-eight DeSoto properties decreased in valuation last year, and 246 saw no change in valuation.

Fast-growing west Shawnee, which is in the DeSoto school district, saw a 19.8 percent increase in appraised valuation.

Valuation increases have been characterized as a tax increase by some Kansas City area television stations. Those decisions will actually be made this summer when the city, school district and county establish their budgets and mill levies for the coming year. An increase in valuation does mean a tax increase if tax entities don't reduce mill levies enough to offset valuation increases.

Property owners have until March 30 to appeal valuations. Information on the appeal process can be found at the appraiser's office Web page at www.jocoks.com/appraiser or through the video Homeowner's Guide to Understanding the Appeals Process that is available at DeSoto City Hall and the library. Residents can also call the appraiser's office at (913) 829-9500 with questions.

Homeowners can also find the sales information that was used to determine their valuation at the appraiser's office Web site.

Commenting has been disabled for this item.