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 — […]

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.

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