Real Estate

Real Estate Valuation Notices


The Butler County Appraiser's Office will be mailing approximately 33,000 notices of value to property owners in the county on or before March 1. The notices contain the current and prior year's appraised value and classification. An explanation of the appeal process is provided on the back of the notices for those who wish to appeal their appraised value. The appeal deadline is 30 days after the mailing date. Telephone hearings are available upon request.

Property owners with questions regarding their value and/or classification or would like to schedule an appeal, will need to contact our office from 8:00 am to 5:00 pm. Monday through Friday at (316) 322-4220 or (800) 822-6346.

2017 Market Study Analysis

A study of the residential real estate market in Butler County indicated that approximately seventy-six percent (76%) of the real properties in the county will trend upward in market value from 2016 to 2017.  The residential median increase is less than 4%.  Seventeen percent (17%) will trend downward.  The median decrease is less than 3%.   The remaining approximate 7% will see no change in value.   Values on specific properties change because of corrections of descriptive information based on field visits by the appraiser’s office staff or from calibration of values based on comparable sales of similar properties in the county.

A study of the commercial real estate market in Butler County indicated that approximately seventy percent (70%) of the real properties in the county will trend upward in market value from 2016 to 2017.  The commercial median increase was less than 4%.  Twenty-one percent (21%) will trend downward.  The median decrease is less than 2%.   The remaining approximate 9% will see no change in value.  

A study of the real estate market for vacant lots indicated that approximately fourteen percent (14%) of the real properties in the county will trend upward in market value from 2016 to 2017.  The median increase for acreage models was less than 14%.  The median increase for square footage models was less than 11%.  Two percent (2%) will trend downward.   The remaining approximate 83% will see no change in value.  

In accordance with the provisions in K.S. A. 79-1476, the Property Valuation Division (PVD), Kansas Department of Revenue is required to annually furnish each county the results of its study relating to changes, if any, of the use value of agricultural land.  Changes can and do occur as a result of several factors including cropping practices, commodity prices and production costs.  Based on the values per acre provided by PVD, ninety-one percent (91%) of the agricultural parcels in Butler County increased in value.  Two percent (2%) of the agricultural parcels in the county decreased from 2016 to 2017.    Seven percent (7%) of the agricultural parcels had no change in value.  Both native and tame grass median value per acre increased 15.1%.  Dry crop median value per acre increased 12.5%.  Irrigated crop median value per acre increased 16.9%.     

Real Estate Appraised Value Report


2017 Real Estate Appraised Value Report

 

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