A Maplewood resident said in an email to 40 South that he’s noticed that his property values have gone up an ‘enormous’ amount for 2019.
He says, for example, that his appraised home value went from $325,000 (2018) to $478,400, an increase of 47 percent. Also, his empty lot he owns went up from $62,300 (last year) to $90,000, an increase of 44.4 percent.
And also, the appraised value of a home on Marietta Avenue that the editor here has an interest in went up 19 percent.
The St. Louis County real estate page has posted the preliminary appraised 2019 values. The values are subject to change by the Assessor until July 1st. Look up the appraised value of any property in St. Louis County here.
Ours jumped 19% from 2018 which is 66% from when we bought the house in 2013!!!!!
I’ve contested my assessment three times and all three times I got it knocked back to what it was. My experience was that they were very open to being contested, because I think they realize you know more about your property than an inspector that walks around the outside of your house, or just drives by. My strategy was…do it online (quick and easy) and load pictures with descriptions of the flaws or things in need of replacement or repair. Then I explained why with the flaws I showed I couldn’t sell it for what they were saying it was worth. Of course if they are just raising the value of the land, there is probably nothing you can do about that.
I agree. Ours went up 15% & 15% last year. Had card on my door that said they missed us & needed to appraise every 5 years. The appraiser was out last year and did the appraisal with my husband present. Would love to find the person who would pay the amount they appraised my house for…SOLD!
That is exactly what I have been saying for a few years!
I’m not the most business-savvy person and recently purchased my first home. What will the higher appraisal affect?
Your property taxes will go up. Your house is also worth more (technically) if you are looking to sell. You can appeal the county’s assessment checkout the link below.
https://www.stlouisco.com/YourGovernment/CountyDepartments/CountyAssessor/AdvocateServices
Thanks, Nick.
Your taxes.
Higher taxes. Potentially selling with a higher price tag? Also, do we get billed for these county conducted appraisals? If so, how much is it usually?
The appraisal is supported with the property taxes that you pay the county. A higher property value is only good if you are planning on selling your home in the near future. I don’t want to sell my house and move. By the time I pay my mortgage off, I may have to sell my home because of the higher taxes.
Some timely & good info here: https://bit.ly/2UgaEXB
We’ve received the notification that our appraised value went up over 15%. The checkbox that Owner/Occupant not present, but I work from home most days and did not hear a knock or doorbell on the day identified. I just checked the revenue
It looks like our 2019 RH home appraised value and assessed value both went up 17.4% total over 2018(+54.2% land / -1.7% improvements), but it puts us within 1% of 2008. (Can you tell I’m a business analyst in real life?!)
You can find out what factors the Assessor used to arrive at the value of your property. There can be errors in it. There was in the assessment for my house and I appealed it and got a reduction – not great, but a reduction.