After two years of large fluctuations in property values in Ada County, most residential properties this year saw modest increases in what County Assessor Rebecca Arnold called a “return to more ‘normal’ market activity.”
Most residential property types saw increases between 5% and 8%, though luxury homes, waterfront properties and homes with large lots saw greater increases.
The Idaho Statesman reports Garden City saw a 2.5% median increase in residential property values, the lowest in Ada County.
On the other end of the spectrum, property values rose over 7% in Star.
Property owners will receive tax bills in November, with taxes due in December.
Individual homeowners should have received their property assessments in the mail starting Memorial Day weekend.
More information can be found at adacounty.id.gov/assessor.
