North San Antonio Edition | July 2023

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Increasing values Protesting appraisals Average home values in the north central San Antonio area continue rising, although homeowners did not see the sharp increase in appraisal values this year that they saw in 2022. Appraised values by ZIP code are current as of June 30.

The Bexar Appraisal District has recorded 4%-5% increases in the number of residential property appraisal protests in the North San Antonio area between 2021 and 2023.

Number of residential properties with tax protests led

78231

78232

78248 78258 78259

987 1,164 1,186 3,101 3,712 3,826 1,280 1,663 1,650 3,693 4,542 4,618 1,943 2,543 2,449

2022 2021 2023 2022 2021 2023 2022 2021 2023 2022 2021 2023 2022 2021 2023

$600,000

+17.9%

$500,000

+19.7%

$400,000

+29.9%

Average home market value in Bexar County as of June 2022: $341,650

$300,000

+23%

$0

2019

2020

2021

2022

2023

+30.9%

SOURCE: BEXAR APPRAISAL DISTRICTCOMMUNITY IMPACT

SOURCE: BEXAR COUNTY APPRAISAL DISTRICTCOMMUNITY IMPACT

Protesting appraisals The Bohlkes said they are appeal- ing the appraisal of their 52-year-old, 1,862-square-foot home this year. Amy Bohlke said the house has not undergone any signicant renova- tions save for a few interior xes or upgrades. Popcorn ceilings and wood-grain wall paneling are among the features on the inside of the Bohlkes’ home. “It just has a lived-in look and feel,” Bohlke said. Bohlke said by protesting her

homeowners experienced sticker shock upon seeing their appraisals. Griscom said the average 28% increase in valuations in 2022 prompted protests from 178,415 homeowners—a record num- ber for the district. But home sales prices and valuations are not surging as high this year, he added. “We’re seeing things are starting to moderate. That’s one of the rea- sons why we didn’t have as many high increases this year as we did last year,” Griscom said.

appraisal, she hopes the appraisal dis- trict will better understand the char- acteristics of her home and those of her neighborhood. “I’ve seen some of these houses gutted over the years. People around me have sold homes for $400,000 but put in $200,000 in improvements. Why am I paying a premium?” Bohlke said. “My home insurance and prop- erty taxes now exceed my mortgage. At what point does it stop?”

Hollywood Park lies within ve ZIP-code area where the prelimi- nary 2023 average homestead value is $512,597—11.6% higher than the $459,482 average appraisal found among the same ve ZIP codes in 2022, according to appraisal district data. Griscom said the appraisal district received appeals from 13,624 proper- ties in the same ve ZIP codes before May 15, the appraisal district’s dead- line for taxpayers to formally le a

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