As property owners await receipt of their new appraisal notices, there is good news across Baxter County regarding land values.
Carrie Olson with Total Assessment Solutions, which provides services to Baxter and 34 other counties, says overall the re-appraisal process resulted in increased property values.
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Olson says while property owners don’t want to see an increase in their taxes, they also don’t want their property to lose its value. She said the re-appraisal process points to a good market in Baxter County, which isn’t the case across Arkansas.
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By comparison, Olson says in last year’s review in Boone County property values increased about one and a half percent. She also notes in the last review in Fulton County, values were slightly down.
Comparing Baxter County to the country as a whole since the recent recession, Olson says this area’s property values held fairly steady throughout the downturn. She says what this area did experience was a decrease in the number of sales versus a decrease in the amount of the sales.
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Olson says Baxter County has a good market citing contributing factors of tourism and the amount of commercial properties. She concludes by saying it’s good to live here.
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