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County Board Members Assessments Reviewed

Scott McCaffrey reported today on the Arlington Sun Gazette's annual accounting of the home-assessment values of County Board members, saying that three of the five saw higher home assessments. According to Mr. McCaffrey:

"Like most property owners across the county, the board members saw the assessed value of their homes balloon during the housing bubble of the early 2000s, only to fall by varying degrees once that bubble burst.

"In most cases, the assessed value of board members’ property today remains less than what it was during the boom.

"The good news for the board members: All purchased their homes before the boom arrived, at much lower prices than what similar properties would go to market for today."

Details of each Board member's property is included in McCaffrey's report. Kudos to Scott McCaffrey and the Arlington Sun Gazette for this reporting.

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