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First Rate Property Management Blog


Property Taxes! What to Expect

It's that time of the year again where Ada County homeowners and Landlord's will be receiving their tax assessment notices.  On average, we're anticipating about a 12% increase in assessed values on residential homes.  Small multifamily (2-4) units will see about a 15-18% increase on  their assessed values.  The range for apartments is great, at 3-15% with the average only being about 5%.  For 2018, single family homes are appreciating at about 1% per month while multi-family are appreciating at 1 to 1.5% per month.


Tony Drost, Chairman
First Rate Property Management, Inc.
Boise, Idaho
Contact me for more information about the Investment Real Estate and Property Rental markets in Boise and Idaho. 

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