Close

Cyrus Saffari

ePRO, GRI, HDMS, QSC, RCE, TAHS
  4.90/5 View Ratings
Trust Max Realty
< BACK Subscribe

2016 REAPPRAISAL VALUES

August 12th, 2016


Source From: Harris County Appraisa Distric

The Harris County economy has begun to soften a bit and the booming real estate market of the past few years has started to slow. New construction is slowing, but it is still underway, and prices continue to remain strong. However the uncertainty caused by the drop in oil prices and the resulting impact on employment has started to put the brakes on the area's economy.

The Harris County Appraisal District is a regional agency responsible for appraising all property within the boundaries of Harris County for tax purposes. By law, the district must appraise property at the price for which it would sell on the open market as of January 1.

More information about 2016 reappraisal values for residential, commercial and business/industrial property is available through the left navigation bar where you can also find a list of topics with information about exemptions, how to protest your market value and the property tax process. There is also a direct link to HCAD's Electronic Filing and Notice System.

For information about values in your neighborhood, click on one of the maps below.



INTERACTIVE GIS MAPS 

All maps represent a snapshot of GIS and Appraisal data as of March 2016 and are subject to change.

For help using our Interactive GIS Maps, please click here.

Boom, Recession, and Recovery

Boom, Recession, and Recovery - Residential

Appraisal districts are required by law to appraise property at 100 percent of its market value as of January 1. This map follows and illustrates the market trend through the recession. Red specifies increasing home values, green indicates decreasing home values, and yellow shows no change in value. When the recession hit in December 2007, home values throughout much of the county declined for the next two years. The map clearly depicts this change as the red slowly fades in 2008 and 2009. As the road to recovery begins in 2013, the red reappears and surpasses its pre-recession level in 2015. As the market has somewhat slowed, the red has slowly faded in 2016.

Boom, Recession, and Recovery

Boom, Recession, and Recovery - Commercial

Appraisal districts are required by law to appraise property at 100 percent of its market value as of January 1. This map follows and illustrates the market trend through the recession. Red specifies increasing values, green indicates decreasing values, and yellow shows no change in value.

Multi-year Residential Average Percent Change by Market Area

Multi-year Residential Average Percent Change by Market Area

This map shows a comparison of the average percent change and the average market value by market area for the previous four years. This includes the changes from 2012 to 2013, 2013 to 2014, 2014 to 2015, and 2015 to 2016. If you use the 2012-2013 map in the top left corner to zoom and pan, it will sync with the other three maps and all maps will zoom and pan together.

Average Percent of Change by Market Area

Average Percent of Change by Market Area

This map shows the average percent change in market value from 2015 to 2016 and the average market value by market area.

Heat Map - Concentrations of Residential Sales 2016

Heat Map - Concentrations of Residential Sales 2016

This map shows the concentration of residential single family sales that occurred between January 1, 2015 and January 31, 2016. Only sales that were used to determine values for the 2016 reappraisal were included.

Heat Map - Concentration of $1 Million Dollar Sales 2016

Heat Map - Concentration of $1 Million Dollar Sales 2016

This map shows the concentration of residential single family sales $1 million and greater that occurred between January 1, 2015 and January 31, 2016. Only sales that were used to determine values for the 2016 reappraisal were included.

 


Join the discussion

To post a comment on this blog post, you must be an HAR Account subscriber, or a member of HAR. If you are an HAR Account subscriber or a member of HAR, please click here to login. If you would like to create an HAR Account account, please click here.

Login to Comment
Disclaimer : The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®

Join My Blog

Real Estate and related matterials.
Trust Max Realty
963 S. Mason Rd, Katy, TX 77450   Get Directions
Phone: (281) 392-6100
Fax: (281) 395-9697
  • Archive
    •     2021
    •     2019
    •     2016
    •     2015
    •     2013
    •     2009