A study of the residential real estate market indicated that there is an average inflationary trend of 10% per year. A study of the commercial real estate market indicated that there is an average inflationary trend of 2%.
Results of the Market Study Analysis for Reno County for the Assessment Year 2022
January 1, 2022
Pursuant to K.S.A. 79-1460a
Values on specific properties may not follow the general trend because of changes in the property, correction of descriptive information or adjustment of values based on sales of similar properties. Value notices will be mailed on or before March 1, 2022 this year.
A study of the residential real estate market indicated that there is an average inflationary trend of 10% per year.
A study of the commercial real estate market indicated that there is an average inflationary trend of 2%.
A study of the real estate market for vacant lots indicated that the market is stable with a slight upward trend in some areas.
Cindy Rehlander
Interim Reno County Appraiser