About 52 percent of homes in Sedgwick County will see no change in property values when notices go out next week, appraiser Mike Borchard told commissioners this morning.
About 23 percent of homes will see an increase in value — typically of about 3 percent — and 25 percent will see a decrease in value — also typically about 3 percent.
Values won’t change for 71 percent of commercial properties. Values will go up for about 15 percent of commercial properties and down in about 14 percent of commercial properties. Those changes will be about 5 percent up or down, Borchard said.
The county will mail out 219,538 property value notices next week. Informal hearings for those who disagree with the value of their property begin March 16. The deadline to appeal a valuation is April 1.