Tuesday, April 29, 2008

property values

This is a bit off topic, but I recently got my property valuation notice on my home in Ark City. For the first time in the four years I've owned the home, the value went down. About 2-3 percent, I think.

This lowers my taxes but I'd rather have my investment grow. Guess the housing market slump is affecting us all. Wonder if anybody else experienced this?

Probably a good time to buy.

2 comments:

Anonymous said...

Mine went from 62 something to 66 something just since last year, so count your blessings.

It probably has a lot to do with location and not actual home value.

Politics 101 said...

Could be based on home sales in my neighborhood. There are some in poor shape.