News from the Knoff Group

Montana Free Press: Montana counties, governor spar over property tax

Both Gallatin and Park Counties have now challenged the state and set the mills at the 77.9 mills rate. Montana counties, governor spar over property tax that funds schools. The Montana Association of Counties has argued Gov. Greg Gianforte should have scaled back a fixed-rate property tax that equalizes school funding between rich and poor …

Read this post »

cover for q3 2023 statistics

Q3 2023 Y/Y Real Estate Market Analysis & Statistics

Quarter 3 2023 was quite interesting from a numbers vs general market feel perspective – the market has felt like it has been moving at a slower pace but sales were steady – slightly below the volume of 2022 but not by much. Interest rates are having an impact on volume – especially in the …

Read this post »

Montana Association of Realtors Statement on Property Tax Appraisals 2023

The property value appraisal notices have come as a shock to many property owners throughout our area – this below statement from the Montana Association of REALTORS® has been a very helpful piece for multiple clients in helping with understanding how the process works and what the actual ramifications are of dramatically increased tax basis …

Read this post »

Q2 2023 Y/Y Real Estate Market Analysis & Statistics

Single Family The slowdown in median sales price appreciation in Southwest Montana for Single Family homes that we have observed since late 2022 spring and that continued throughout the remainder of 2022 and start of 2023 continues to dominate the data. However, there are some very interesting data points worth highlighting. The number of homes …

Read this post »

‘Needs, not wants’ discussed at water and sewer meeting | EBS

Water is becoming a critical issue in Big Sky as growth exceeds supply and water quality is more stringently questioned. ‘Needs, not wants’ discussed at water and sewer meeting April 20, 2023 Posted By Jack Reaney EBS Reporter A ‘win-win’ agreement could enable both the Little Coyote Pond restoration project and the construction of a …

Read this post »

Commission advances modified floodplain regulations | BDC

The County Commission has advanced regulations on floodplain regulations including asking developers to consider channel migration zones when developing in the floodplain. Commission advances modified floodplain regulations by Alex Miller Chronicle Staff Writer Mar 21, 2023 Updates to the Gallatin County floodplain regulations are underway after being delayed to include more regulation on development.The Gallatin …

Read this post »