David and I recently received the Knox County Residential Property Appraisal for our home on Lakemoor. We were shocked as the new appraisal is 27% higher than the previous one. Evidently a few others in our neighborhood have also received a shocking appraisal. Could this be from a real estate market that is heating up or is our county seeking to pad their bank account at our expense?
I would be interested in hearing from other residents: happy with appraisal, appraisal is same as last time, or think the increase is too dramatic?