Christi Boyle, county appraiser, evaluates a home in a Goochland Courthouse neighborhood. Currently, homes in similar neighborhoods are either decreasing or not changing in value from the previous assessment.

Assessed values dropping
LEE FRANCIS

Almost every homebuyer makes his or her purchase hoping for a newly acquired home to gain value over the years, enabling them to sell for a profit some time down the line.
However, the 2009 property assessments completed thus far in the county reveal the value of most high-end homes in Goochland is either stagnating or decreasing.
"Its definitely a different re-assessment," said Glenn Branham, county assessor. "We're seeing them lowering for the first time, mainly in the middle to upper income neighborhoods." 
Several factors are causing the discrepancy. According to Branham, many builders are cutting deals by selling new construction for much less as....

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TOP STORIES

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	7/23/2008 1:21:13 PM
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LOCAL NEWS

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AREA NEWS

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SPORTS

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