The taxman says the value of my home and the entire region has risen several percent. This means the generality is false in detail. Once the Natural Gas Pipeline deal has fallen through again and Democrats fill all pertinent offices a little over a year from now, this will become a ghosttown. But, for now we don’t care what they are doing Outside.
That is the same for Travis county. Our appraisal has been going up every year. All the home values in our area have been going up. Real estate prices have increased the same % for comparable sized homes in the same locality.
Last year, our "land value" tripled from previous years. This year, the land value dropped over half, but the "improvements" increased again. We paid slightly less in taxes, but the appraisal is still higher.