NOTICE
2025 Real Estate Appraised Valuation Notices
The 2025 Annual Notice of Appraisal and Classification for all real estate parcels in Rice County will be mailed by Friday, March 24th and have an appeal deadline April 25th.
The Appraiser’s Office is required to value property at a fair market value as of January 1 of each year with exception of agricultural land, which is valued by its agricultural use. Valuing at a fair market value means that value should reflect what’s happening in the real estate market.
The housing market has remained strong, and the county has experienced a continuation of increasing home sale prices. Due to a shortage of housing supply, increased housing demand, and revitalization in various areas of the county, most property owners should expect to see a 3% increase in their valuation. It could be more if your property sold or had a remodel.
Once a property owner receives their new valuation, if the appraised value is more than they feel they could reasonably get if the property was sold, or if they feel the classification is incorrectly assigned, then they should consider an appeal.
Upon receipt of a timely appeal, the Rice County Appraiser’s Office will schedule an informal appeal meeting. Informal appeal meetings can be either by phone, based on evidence submitted or held in person. It is important to submit documentation to support the appeal. Documentation can include such items as a recent fee appraisal, pictures of the condition that cannot be seen from the exterior of the property, comparable properties that have sold that the property owner feels more closely represent the value of the property, etc.
Thank you
Joe Pennycuff
Rice County Appraiser
(Published in the Sterling Kansas Bulletin, Sterling, Rice County, Kansas, on March 13, 2025). 7.50
_____________________