KansasAppraisers would use nearby residential sales to value property
If enacted, appraisers using home sales to value property would compare sales from the same subdivision or township, or the closest-located one.
What it does
When appraisers use residential sales to value property, they would compare sales from the same subdivision or township, or the closest-located one.
Argument forUsing sales from the same or closest area could help appraisers reflect local prices when valuing property.
Argument againstAppraisers might find too few nearby sales to compare in areas with few recent home sales.
More detail
Appraisers would use residential sales as comparisons only if they occurred in the same or closest-located subdivision or township. This applies when residential property sales are used to help determine any property's fair market value. If enacted, the act would take effect after it is published in the statute book.
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Where it stands
- Introduced
- Died
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Apr 10Died in CommitteeDied
- 2025
- Jan 23IntroducedMinor
- Jan 23Referred to House Committee on TaxationIntroduced
Taxes & Budget