realestate

Real Estate Valuations: A Stench Across Ohio

Cuyahoga County's new real estate valuations may deter support for tax levies, according to Westlake's Peggy Rauckhorst's letter to the editor.

A
s a retired individual, I am firm in my decision not to support any additional tax levies following the recent exorbitant real estate assessments. This decision pains me as I have previously been an ardent advocate for schools and libraries.

    I am curious about how these assessments were determined because two recently sold houses in my neighborhood, both larger in size and one of them completely renovated, were sold at $150 per square foot, while my property has been assessed at $177 per square foot. To challenge these numbers, I am required to obtain a professional appraisal.

    I am also interested in knowing how much the real estate values have increased for each of our county council members and the county executive. There seems to be something fishy going on in Cuyahoga County, and as usual, in Columbus.

    - Peggy Rauckhorst, Westlake

    If you decide to purchase a product or register for an account through a link on our site, we may receive compensation. By using this site, you agree to our User Agreement and acknowledge that your clicks, interactions, and personal information may be collected, recorded, and/or stored by us and our social media and other third-party partners in accordance with our Privacy Policy.

Real estate valuations plummet in Ohio, sparking economic concerns statewide.