Lee County property appraiser Matt Caldwell at the moment launched preliminary estimates of 2022 property values. The estimated worth of all property in Lee County is now over $173 billion. This is a rise of over 30% over the earlier yr. “Everybody in Lee County might really feel that property values are rising quickly, however this confirms the truth that 2021 noticed unprecedented progress,” Mr Caldwell mentioned. “Fortunately, owners are basically protected by way of their homestead exemption at a most enhance of simply 3%.”
The aim of worth estimation is to provide tax authorities an preliminary estimate for creating their finances and property tax charges. Mr Caldwell’s workplace will proceed to refine these estimates and authenticate official values earlier than 1 July.
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