Addison County house values holding their own

Seen in the Addison County Independent:

Despite nationwide gloom and doom in the real estate sector and a drop in home sales in Vermont and Addison County, there is evidence that the values of the homes that most state and local residents own have held their own.

According to information on the Vermont Department of Taxes Web site, the median value of homes on 6 acres or fewer (described as R-I homes on property transfer returns) sold in Addison County through the first nine months of 2008 is $213,500. That represents an increase of about $6,000, or 2.9 percent, from the median value over the entire 12 months of 2007.

Read the full article.



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