Item: Property values inching upward: Assessor: Increase can be linked to homeowners exemption adjustment/Jeff Selle, Coeur d'Alene Press
More Info: For the first time in six years, county property values have increased. It was a slight increase at 1.9 percent, but an increase nonetheless, Kootenai County Assessor Mike McDowell said Thursday. “Most of the increase can be attributed to an adjustment in the homeowners exemption,” he said, adding that the maximum homeowners exemption was reduced this year to $81,000 from $83,974 last year. The homeowners exemption is tied to the Idaho Housing Price Index by law, he said.
Question: How much did your property valuation go up?