FW Downtown View

Property Value Increases: A Good Bad Problem?

It’s approaching that time of year for commercial property owners.  As May 31st rapidly moves our way, you’ll have to quickly decide whether you want to protest your commercial and business personal property Value Notices. The Fort Worth Business Press interviewed Fort Worth Mayor Betsy Price, who described the increase in property values as a “good bad problem.”  For those …

May 31

Protest Deadline is Nearing

By now, most of you should have received your Commercial and Business Personal Property Value Notices. Most often, Notices of Appraised Value are sent only when your appraised value increases by $1,000 or more above the prior year’s value, or if a Rendition is filed. With the month of May zooming by, the time to act is short. The statutory …

Cityscape of Fort Worth

Two Things to Know About Property Appraisals

While a number of factors can affect the appraised value of your property, commercial property owners need to be aware of two provisions. Appraisal districts are charged with appraising each property at its “Market Value” as of January 1st of each year. In addition, there is a provision in the Code that requires respective districts to appraise each property on …