Bozeman homes add $524 million in value in two years, tax assessors say

Jeff Krauss, a Bozeman city commissioner and former county treasurer, was skeptical when he first saw the reappraisal notice for his south Bozeman home.

The Montana Department of Revenue, which values properties for tax purposes every other year, was telling him his had appreciated almost 20 percent over a two-year period — an eyebrow raising increase equivalent to tens of thousands of dollars.

But the home Krauss owns with his wife is, it turns out, anything but an anomaly, according to a Chronicle analysis of data provided by the Department of Revenue’s local office.

By Eric Dietrich Chronicle Staff Writer

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