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Old 03-08-2008, 09:32 PM
 
23 posts, read 77,425 times
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What is everybody expecting for their 2008 appraisals?

I have a condo in the Thousand Oaks & Henderson Pass area and the appraisal has increased a little over 30% in the past 5 years. I suspect the appraisal will continue to increase at about 6% this year.

What do you predict? Increase? decrease?
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Old 03-08-2008, 09:34 PM
 
14,637 posts, read 35,036,574 times
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I'm predicting no increase, no decrease. Or a very slight one, either way.
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Old 03-09-2008, 10:26 AM
 
Location: Mid South Central TX
3,216 posts, read 8,557,580 times
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Quote:
Originally Posted by ryno View Post
What is everybody expecting for their 2008 appraisals?

I have a condo in the Thousand Oaks & Henderson Pass area and the appraisal has increased a little over 30% in the past 5 years. I suspect the appraisal will continue to increase at about 6% this year.

What do you predict? Increase? decrease?
We owned a house in the same area for 8 years (1993-2001), and it NEVER increased...when we sold it, we got back just about what we had paid for it. Now, 7 years later, I notice the appraisals (and presumably the values) have climbed every year...I think that area as a whole became more valuable as they filled in all of the empty spaces. Throw in easy access to 35 and 281, too.
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Old 03-09-2008, 10:31 PM
 
Location: Western Bexar County
3,823 posts, read 14,670,925 times
Reputation: 1943
Quote:
Originally Posted by ryno View Post
What is everybody expecting for their 2008 appraisals?

I have a condo in the Thousand Oaks & Henderson Pass area and the appraisal has increased a little over 30% in the past 5 years. I suspect the appraisal will continue to increase at about 6% this year.

What do you predict? Increase? decrease?
I think you're pretty close. I say 5% average increase for houses that have a Homestead Exemption. Also, I came across this site with tips & tricks for appealing your property taxes in Bexar County:

Bexar County Appraisal District property tax Appaisal District Bexar County
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Old 03-10-2008, 03:49 PM
 
129 posts, read 513,089 times
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I own a house in the same area (1992-present), we paid 66K, its now appraised about 120K. A house across street sold in one month recently, asking price 134k! wow. we refinanced 15 yr note a few years ago and only owe about 46K. I think its a great area-actually we are closer to Thousand Oaks and Jones Maltsberger.
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