A look at the 2010 Northside real estate assessments
Update
Channel 6 is running a bit of an explanation on why part of Highland Park saw such a drop:Hester says investors came in, renovated those properties, and bailed when the market tanked.
Original story
By now you should have received your 2010 assessments. I took a minute and pulled the numbers for some different Northside neighborhoods — I’ve made the data available as a public google spreadsheet. You can, of course, pull any of the data yourself using the City’s much improved parcel finder.In general assessments across the five Northside neighborhoods I pulled ( Southern Barton Heights, Bellevue, Brookland Park, Ginter Park, and Rosedale) showed almost no change. Overall the averages changes in value between 2009 and 2010:
- Land value: +0.73%
- Improvement value: -2.50%
- Total value: -1.76%
Interestingly, the data is skewed quite a bit by Southern Barton Heights. Without the five random properties I pulled from Southern Barton Heights the numbers are:
- Land value: +0.46%
- Improvement value: +0.21%
- Total value: +0.22%
Property heights in Southern Barton Heights (the five I randomly sampled) have dropped 9.67% since last year.