CINCINNATI (Cincinnati Business Courier) – Commercial and residential property owners in Hamilton County will see the value of their parcels increase significantly for next year’s taxes, but how much tax bills themselves will rise is not yet clear.
Single-family residential property values increased an average of 27%, while commercial and industrial properties saw a 22% increase and agricultural properties rose 31%, according to Hamilton County Auditor Jessica Miranda’s office.
The valuations are part of an every-three-years examination of property values. The last reassessment in 2023 was a full reappraisal where teams looked at the outside of every property. This year’s changes are an update based on a desktop, statistical review of property values countywide using recent real estate sales to find changes in the market.
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