When the Rhino Times warned people that their housing values could go up by 50 percent or more in the new revaluation, it turns out that warning wasn’t anywhere near strong enough for a lot of homeowners in the county.
County tax officials have previously told the Board of Commissioners that overall property values were expected to rise roughly 40 to 45 percent on average compared to the 2022 revaluation.
However, they also told the Rhino Times that housing was one of the property sectors where the largest increases would occur. So, it was fairly evident that home values would likely go up 50 percent or more…