How is property valued for tax purposes?
All property is valued annually on January 1st. Most property is valued based on the fair market value. Exceptions are land devoted to agriculture which is valued according to current use; commercial and industrial machinery are valued based on a formula set forth in Kansas laws.

Show All Answers

1. How is property valued for tax purposes?
2. Why does the value change?
3. What if I believe the appraised value is too high?
4. Why is property appraised?