Posted March 26, 2009

Home Values in Reno County

Sales of both new and existing homes in Reno county show that property values have increased an average of just under 2% from 2008 to 2009. All Sales were processed and analyzed. A determination was made as to whether or not each sale was an arm’s length transaction. All sales that were determined to be arm’s length transactions were used to assist in the valuation of residential properties in Reno County.

Commercial Values in Reno County

Commercial values remained mostly stable for 2009. The Commercial Staff focused on creating and maintaining equity within the Neighborhoods throughout the county.  It is not uncommon to see a fluctuation in value either up or down approximately 4%.

Change in Value Notices Mailed

2009 Change in Value Notices were mailed Monday, March 16th, 2009. Real Property is appraised at “market value” as it exists on the first day of January each year. However, land devoted to Agricultural Use is valued at “Use Value” and not “Market Value”.

The latest date to file an Informal Appeal of your property valuation will be April 14th, 2009. If you do not appeal within this 30 day window, you may still appeal your valuation by making a “Payment Under Protest” at the time taxes are due in the fall. This may be done by filing with the Reno County Treasurer at the time payment is made.

A guide to the appeal process in Kansas is available on this website as well as in the Reno County Appraisers Office free of charge.

If you have any additional questions regarding your valuation, you may call the Appraisers Office at (620)694-2915.

Personal Property

Personal Property listings were due by March 15, 2009.

Kansas Law requires you list personal property items other than those in which taxes are paid at time of registration such as cars and pickups. This was to be done by March 15th. By filing late, a penalty of up to 25% will be incurred. Failure to file will result in a 50% penalty. If you have not filed, it is not too late to avoid further penalty.

Reminder:

If you own personal property located in Reno County but you reside elsewhere, it must still be reported in Reno County.

All Terrain Vehicles (ATV’s) do not require registration but are taxable.

Oil & Gas renditions are due by April 1, 2009.

What is the Appraisal Staff currently working on?

The Residential Real Property Field Staff persons are concentrating on 2 current assignments. First, the annual 17% re-inspection. It is required by the Property Valuation Department of the State of Kansas that we re-inspect each parcel at least once every 6 years.  We are and will be conducting an inspection on 17% of the County. This amounts to about 6,500 parcels. This inspection includes residential, agricultural, and multi-family parcels. The areas in which the Residential Field staff will be working are represented on the map below. All Reno County Field Appraisers can be identified with a Reno County Photo ID Badge. Property owners with questions may contact the Reno County Appraiser’s Office at (620) 694-2915. Secondly, the Staff is preparing to conduct Informal Appeals. The Informal Appeals will be taking place in the County Appraisers Office in the basement of the County Courthouse.