In an analysis of 45 apartment communities that sold in the 2021-2022 tax cycle, smaller properties experienced a far higher average valuation increase than their larger equivalents with Jackson County's 2023 reassessment. Tenants probably will shoulder the brunt of resulting rent increases, experts said.Why KC’s increasing apartment valuations worry affordable housing advocates
In an analysis of 45 apartment communities that sold in the 2021-2022 tax cycle, smaller properties experienced a far higher average valuation increase than their larger equivalents with Jackson County's 2023 reassessment. Tenants probably will shoulder the brunt of resulting rent increases, experts said.