I own property within the station area. How will the adopted station area plan affect my property taxes?
It is possible that the station area plan may actually increase the value of your property due to improved access to transit and because of redevelopment of other properties. As property taxes are determined based partly on the value of your property, it is possible that your property taxes may be increased. In many instances, property owners consider the increased value of their property to be a positive result.
Related Questions
- Can the station area plan provide for a grocery store within the station area? How can we ensure that we get more neighborhood serving retail and services as part of the station area plan?
- What is the process for rezoning a property in an area with a neighborhood plan?
- How does the Queensland Coastal Plan affect development on my property?
