During the recent Board of Review meeting in Waukesha, residents voiced concerns regarding property assessments and rising tax rates, highlighting the impact on local homeowners. One resident presented a detailed argument about the valuation of their condominium, which has seen significant fluctuations in assessed value over the past two years.

The resident noted that their condo was initially assessed at over $165,000, a figure they argued was unrealistic based on recent sales in the area. They pointed out that the average sale price for similar properties in 2025 is approximately $130,000, with their neighbor's unit selling for $135,000 just two months prior. This comparison led them to believe that their own unit, which has not been upgraded in over a decade, should be valued at around $148,000—still above the current market trends.

A significant point raised was the steep increase in property taxes, which rose by 40% in 2024 and an additional 37% in 2025. The resident expressed frustration over these hikes, questioning the rationale behind such substantial increases in a short period. They emphasized that their unit's condition and the lack of improvements should be taken into account when determining its value.

The discussion underscored broader concerns among Waukesha residents regarding property assessments and the financial burden of rising taxes. As the Board of Review continues to evaluate these assessments, the community remains attentive to how these decisions will affect their financial well-being and housing market stability.