On March 30 I posted an article about rising tax appraisals in Travis County. Here is today’s update from Williamson County:
Williamson Central Appraisal District reports that the average increase in taxable value from 2017 to 2018 was 6%. In It’s Tax Appraisal Season you saw that the increase in Travis County was 9%. In both cases, strong demand and an under-supply of residential properties is the reason.
Of course, if you’re selling your home higher market value is good news. If you’re staying and paying the taxes, you may have mixed feelings. If you’re a buyer in the market now, though, you see the competition for available homes and you can watch prices increase rapidly.
I’ll have more on this as other nearby counties report, and I will offer an updated look at my market dashboard in the coming .