Saturday, January 29, 2011

Chesterfield County real estate assessments down 3% ... is anyone listening in Augusta County?

A recent article in the Richmond Times-Dispatch noted:
Chesterfield County's real estate tax base declined 3.3 percent last year, the county announced in a statement today.

It was the second year in a row that the value of all real property in Chesterfield has declined, driven primary by a 5.0 percent drop in residential properties in 2010, following drops of 1.5 percent in 2008 and 4.9 percent in 2009, the county said.

The county attributed the decline to softness in area labor markets, sluggish home sales and "the ever present specter of foreclosure activity."
Is anyone ... anyone ... listening in Augusta County?

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