The 2015 values came out a the end of March last year. I remember a lot on this board upset over the 10% to 30% raises in market value. What will HCAD do this year?

It was pretty apparent that they were about to pound everyone when they published articles in 2014 and 2015 about how great the Houston economy was doing, $100 oil, booming housing market, etc. HCAD is pretty silent these days on the articles but I did notice a recent one they linked from the Chron stating the slowing Houston economy.

My prediction is a solid 10% increase this year.

My ******* already hurts thinking about it.

I would expect them to stay the same in most areas.

No change from 2015 to 2016

I did some major construction on my property, so I'm screwed. HCAD gets to lift the cap for the improvements.

The only thing I can hope helps me is that the garage was not usable on January 1st and there were no permits pulled this year. I do have an appraisal from September for $300K I might take in when I protest.

the MLS numbers certainly don't warrant much increase in my general area.

In areas 16 and 17 for example, the average and median prices dropped pretty significantly. Area 20 went up a little bit. 23 stayed about the same.

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the MLS numbers certainly don't warrant much increase in my general area.

In areas 16 and 17 for example, the average and median prices dropped pretty significantly. Area 20 went up a little bit. 23 stayed about the same.

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Where can I find stats for that?

Got the annual 10% increase notification in the mail yesterday.

It's through the MLS

1% increase for us.

Did your market value go up 10% or is your appraised value catching up to market value?

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Did your market value go up 10% or is your appraised value catching up to market value?

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That's me. 10% increase every year but a long way to go for my appraised value to catch up to my market value. Hard to argue.

Same boat. Still annoying.

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Same boat. Still annoying.

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This is so stupid.

So, is a 10% increase if your appraised value hasn't met your market value pretty much a given? I didn't protest the last couple of years because my appraised value was reasonable. Market value was tolerable, especially since we did have such a strong seller's market. I'm pretty sure if I looked at comparable sales for this last year, though, any further increase in appraised value isn't supported by the comps. I fully expect to be protesting this year.

It's a given. They'll increase by 10% until they catch up or the property changes hands. That's the state law.

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It's a given. They'll increase by 10% until they catch up or the property changes hands. That's the state law.

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How can it be state law when not all CADs even post a market value? That's what tripped me up. I moved from a CAD that didn't have one, so I didn't give the market value that HCAD assigns much importance, until I read comments here.

Correction: I guess the CAD where I lived before did have a market value, it was just always the same as the appraised value. So I didn't realize the issue.

Looks like HCAD already came out with the tape measure on my new garage.

Just got our letter. Ours went up 15%....

ETA: 77007, technically cottage grove, but south of I10

It would be much appreciated if those of you posting your new values would follow Cronk and give us an area or zip code.

TIA!

My market value stayed the same for 2016, and same with at least 3 of my neighbors. Guessing they status quo'ed the whole hood. 77079 - Nottingham Forest.

For those of you not so lucky, check out Jubally.com. It's legit and it works.

Anyone in 77018 seeing anything yet?

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My market value stayed the same for 2016, and same with at least 3 of my neighbors. Guessing they status quo'ed the whole hood. 77079 - Nottingham Forest.

For those of you not so lucky, check out Jubally.com. It's legit and it works.

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Skeet skeet! Thank you for the praise!

Just shot off an email asking for the 2016 data from HCAD. We can't be live until that data comes in. It certainly should be a money saving year for residential.

Edited my post.

77080 still pending

About 2.5% in 77008

So your market went up 15%? That seems crazy to me. 77007 dropped in value from January last year to January this year. Unless they were way behind on your particular property, you should have a good basis for a protest.

Yeah, I will protest. But I do believe they are behind.

certainly possible, but they have done their damnedest to catch up the past couple years.

Should be easy to fight it. The attached neighbors (identical house) was appraised at $20k less last year than ours.

let me know if you need help with comps.

Still waiting in 77055