Valuation

Valuation Added

This chart illustrates the trends in residential and commercial valuation added since FY 2018. Valuation added is the value of improvements added during an appraisal year, which includes new and existing homes and buildings. Permit values represent a total value of all construction work, including materials and labor for which the permit is issued.

TOTAL RESIDENTIAL & NON-RESIDENTIAL VALUATION

$2,559,124,330

The information in the chart above represents the total residential and non-residential valuation in FY 2022. In this instance, valuation is defined as the total value of property. Residential valuation encompasses all residential units built in the city, while non-residential valuation includes offices, hospitals, and other commercial entities.

For Previous Fiscal Years

The information in the table above displays the changes in total residential and non-residential valuation from FY 2018 to FY 2021.