Property values rise 24 percent in city

by | Apr 27, 2018 | Latest

Continuing rapid growth of subdivisions and new business, preliminary property values for the city of Princeton increased 23.26 percent from last year to a new level of $815 million, data released last by Collin Central Appraisal District showed.

Estimates of 2018 property values calculated by CCAD showed that values increased again through a combination of new property added to tax rolls and a rise in the value of existing homes and buildings.

The Collin Central Appraisal District releases new property valuation data by May 1 every year, opening the window for property owners to file protests either in person or electronically at collincad.org. Appraisal hearings are conducted in June and values are certified July 25.

By Joe Reavis • Staff Writer • [email protected]

For the full story see the April 26 edition or subscribe online.

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