Nearly 90% of Sedgwick County residents can expect their property values to increase

Most homeowners is Sedgwick County can expect to see an increase in their property values after the Sedgwick County appraiser estimates nearly 90% will. Mark Clark, Sedgwick County appraiser, cites COVID-19 and supply chain issues as the other main reasons for the increase. Clark said Sedgwick County is nowhere close to a normal housing market because of how much demand there is and not enough supply. The high cost to build is contributing to that. He said 88% of Sedgwick County residents will see their property value increase. During a typical year, that number is around 7%. Many of the Sedgwick County Commissioners said they receive the most feedback from residents about this conversation and property taxes.
Source: KAKE – News