Riley County appraisers say single-family homes in Manhattan and immediate surrounding areas could see a 10% to 14% increase in their taxable property values this year. Riley County Appraiser Greg McHenry told The Mercury on Friday about the potential level of increases. He said the housing supply is not meeting the demand in Manhattan, and residents are willing to pay more for a home. McHenry on Thursday updated the county commission on the local real estate market. County appraisers annually provides new valuations for all properties.
Source: themercury.com