According to a press release from the Fort Bend Central Appraisal District (FBCAD), landowners in Fort Bend County may see an increase in their values ââyear over year when they receive their 2021 appraisals.
Those homeowners are expected to have received their 2021 Estimated Value Notice already or will receive it in the coming days, FBCAD said. According to the press release, the average home value will increase 6.47% for residential properties, while the average value will change 4.6% for properties with homestead exemption.
FBCAD also said that the average value of commercial properties will increase by 9.33%
“Over the past year, the local residential and commercial real estate markets have been much more resilient than initially expected,” FBCAD chief appraiser Jordan Wise said in a press release.
If owners wish to challenge their 2021 values, they can find the documents to do so online at fbcad.org/appeals. The appeal deadline is either May 17 or 30 days after receipt of the notice, whichever is later.
âWe encourage owners to file their protest electronically through the online appeal system,â Wise said. âWe have made significant changes over the past year to make the online appeal process more transparent and user-friendly. “
To find information on 2021 values, owners can visit fbcad.org/2021values. To get detailed information about a specific property, they can use the search function located at esearch.fbcad.org/.