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Canyon County property values soar up to 60% in one year

Source: idahopress.com

Canyon County Assessor reports some property values jumped by 60% in the past year due to rising home prices.
The assessor uses sales data from the last year to set new values for tax purposes, affecting thousands of properties.
Homeowners facing big increases can appeal their assessments starting next month.

Canyon County Assessor Larry Whalen announced that property values in the county rose sharply over the past year, with some increasing by as much as 60%. This reassessment, based on recent home sales, will lead to higher property taxes for many residents. It matters because it directly impacts homeowners' tax bills and gives them a chance to challenge the new values through appeals.