Two Key Changes Impacting Montana Property Owners

Montana has rolled out two major updates that could affect your property tax bill — both now and in future years:

1. 2025 PROPERTY VALUE ASSESSMENTS

As of July 1, the state began mailing updated property appraisals for 2025, which is part of the re-appraisal process that occurs every two years. These notices are being sent out by region, so yours may already be in-hand or arriving soon.

What to Do:
Carefully review the assessed value of your property. If the number feels too high or doesn’t reflect recent comps in your area, you have the right to appeal — but you’ll need to act within 30 days of the notice date.

How to Appeal:

Quick County Links:
 Flathead County
 Lake County
 Missoula County
 Lewis & Clark County

2. NEW TAX LEGISLATION IN EFFECT FOR 2025–2026

Recent legislation is reshaping how property — especially second homes — is taxed in Montana. This may affect both how your taxes are calculated and what relief may be available.

Montana Residents: To qualify for potential resident tax rates and refunds, make sure to file the new Homestead Exemption Form which will be released on August 15 (Due by October 1, 2025).

WANT TO DIVE DEEPER?
Here are two helpful reads that explain the new legislation and what it could mean for you:

NEED A HAND?
If you’d like support reviewing your appraisal or want help gathering comparable sales for a protest, don’t hesitate to reach out. We’re always here to help you navigate what’s next. For legal or tax-specific questions, we recommend consulting a real estate or tax attorney to better understand your options

— The Revel Real Estate Team

Montana roots. Local insight. Always on your side.

Picture of Bethany Penhall

Bethany Penhall

Bethany is the glue that holds the entire Revel Real Estate operation together. With over 15 years in business ops, marketing, and tech (mostly in Commercial Real Estate), Bethany is responsible for running the organization and keeping the lights on, both literally and figuratively. She is responsible for building and growing the brand while driving traffic and engagement for our agents and managing the go-to-market process for every one of our property launches.
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