Austin-area home values jump again

austin home valuesHome market values have yet again shot up in Austin as seen in Travis County, increasing up to 9% this year. This increase would make home prices in Travis County amounting to $387,537 from the original $355,312, increasing taxes for homeowners in the area. However, these numbers may change considering the numbers are only based in the preliminary numbers recorded by the Travis Central Appraisal District. It is estimated that taxable value throughout Travis County for the year is around $164 billion. Housing is a big problem in Austin alongside traffic considering the rapidly increasing prices of houses in the metro.

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