St Louis County Property Values and WalkScore.com
Yesterday, St. Louis county announced they had updated their online property database and that the overall property values for the county is down 9% from 2008 to 2009. So, of course, I had to check it out and see what the new numbers looked like. Well, we currently still own two homes in St Louis county, and both of our homes saw their values go up from 2008 to 2009! For our new house that was understandable since we upgraded it substantially since we first purchased it in 2008 with a major kitchen renovation which the county inspected (so they knew all about it.) We saw the value on that house increase almost 11%. However, the house we are in the middle of selling has not been substantially improved for several years (when we added a sunroom the county also already knew about) and it went up by 5%. So why did this happen? I thought with prices supposedly going down it should have gone down or at least stayed about the same. But then I realized the 9% number is for the county a...