“South Park Soaring” is the sub-headline in a story about property values in Montgomery County after Auditor Karl Keith’s reassessment.
Here’s a photo of the cover of today’s Dayton Daily News. This investigative cover story features Historic South Park and the revaluation of property values in the neighborhood. Photo by Ty Greenless. Full Story at http://www.daytondailynews.com/news/business/economy/plummeting-values/nhbc3/
“Fully three-fourths of the homes in the county lost value since 2011, for a total loss of more than $1 billion in the last three years. And that was on top of the $1.6 billion loss in housing values from 2008 to 2011, during the worst of the Great Recession.”
But this is not the case in the Historic South Park Neighborhood. According to the analysis by the Dayton Daily News, “only 35 residential properties – or about 1 in 18 – lost value.”
Brian Ressler attributed much of the growth the efforts of many neighbors and to two local businesses – Full Circle Development and the Home Group Reality Co.
In recent weeks, many neighbors have been talking about their assessments at neighborhood events and recognize there’s good and bad that comes with this growth. Here’s a link to the auditor’s website for frequently asked questions about the Revaluation Project 2014.
Along with Holly Di Floria, Pat and Sue Moran, were interviewed for the story. We’re the Moran’s happy with the assessment? “Yes and no,” Pat said with a grin. “If we were going to sell it, sure.”
All in all, a nice story showing the results of many throughout this neighborhood
The full story can be found here or in the Sunday, October 5th edition of the Dayton Daily News.