Since 2014 however, assessed values in Spokane County has been steadily increases, seeing double digit increases for the first time since the recession in 2019. The last 17% increase in the county was in 2008, which was followed by a 4.8% increase the next year, and a drop in assessed values for the next four years during the aftermath of the Great Recession. Konis said assessed value changes have fluctuated over the last 15 or so years. “Typically our job is to value properties at 100% of their market value, which is based on sales, and there’s just been so many sales for so much more value than there ever had been before that it’s just pushing everything up.” ![]() Spokane County Assessor Tom Konis said the most notable increases were in the city of Spokane, but the entire county saw jumps in assessed value. They were followed by the Millwood area which had a 14.6% increase as well and the Liberty Lake area, which had a 13.9% increase in assessed values. ![]() Homeowners in Spokane County saw around a 12.6% increase in their assessed value this year, with some neighborhoods in Spokane seeing significantly higher spikes in value due to the tight housing market.The biggest increases were in Northeast Spokane which saw a 17.8% hike in assessed value and Northwest Spokane, which saw a 14.6% increase.
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