Download: RSS | Email Alerts | Text Alerts | Mobile
 

Home values in Pulaski County increase


Story Comments Share
Reported by: Dustin Barnes
Tags:
Updated: 7/06/2012 6:14 pm Published: 7/06/2012 5:45 pm

LITTLE ROCK, AR  -- On Kings Mountain Drive in west Little Rock, neighbors spruce up their homes to keep it looking nice.

"I love where I live and I don't foresee my building or moving any place else unless I'm forced too," said Danny Fletcher.

The constant remodeling and building are reasons the accessor says home values increased since the last assessment in 2009. That means folks like Fletcher will have to pay more in taxes, even if he doesn't want to.

"The market values have dropped and interest rates have dropped, so as far as I've invested in my home will not increase very much if I were to sell right now," Fletcher said.

"Do you all believe that in this economy these values have truly gone up?" I asked Pulaski County Assessor Janet Ward.

"We feel we have it as close as possible using our mass appraisal process and the sales that we have collected and we've checked and double checked and that's how we arrived at our values," Ward said.

The assessor gathers those numbers by judging the outside of your home.  If you feel the assessment is too high, you can always appeal.

"I'd never tell you we've never made mistakes but we're hear to admit those and fix them if there's a problem," Ward said.

Contrary to other metro areas across the country, Ward said Pulaski County home values have been able to appreciate during tough economic times.

Meanwhile, Fletcher said he'll appeal if he has to but understands that money is needed for services.

"Our schools really need the resources and finances," said Fletcher.

Story Comments Share
2 Comment(s)
Comments: Show | Hide

Here are the most recent story comments.View All

The views expressed here do not necessarily represent those of FOX16 - Breaking News and Weather to Plan Your Day for Little Rock and Central Arkansas

travelor - 7/7/2012 2:15 PM
0 Votes
What they don't tell you is that eventhough a dozen homes on your street have not sold because property values have severely decline the assessor bases his estimate on the last homes to sell which may have been quite some time ago. There apparently is some law that says the assessor cannot consider unsold homes no matter what they are being offered for or how long they have been on the market. Hence the value of your property may have plummeted but your taxes will go up. Let's change the law and secondly let's not extend this high millage rate in Pulaski county which is twice the rate of many counties like Searcy County.

Tired - 7/7/2012 8:55 AM
0 Votes
Pulaski county planning democrats have decided "If you got enough money to remodel then you got enough money to pay more taxes"...you should let your home look like a bunch of mexicans or crack heads live there then you won't get your taxes raised...anyone ever been to detroit
The links below are paid advertisements. FOX16 is not responsible for their content.
Current Conditions
73°
High: 88° | Low: 70°
Fog
Inergize Digital This site is hosted and managed by Inergize Digital.
Mobile advertising for this site is available on Local Ad Buy.