Property, apparently, is still a good investment in these parts. Reporter David Haldane explains…
If you own property in the Morongo Basin, County Tax Assessor Bob Dutton has some good news for you; you’ve made money. At least on paper.
Assessed property values in San Bernardino County have increased overall by 6.1 percent since 2016, Dutton reported last week. That amounts to a whopping $206.6 billion worth of property, the first time ever that the county’s total property valuation has broken the $200 billion mark.
Local property values also increased, though slightly less. Unincorporated areas led the pack with a 5.6 percent increase, followed by Yucca Valley where property values went up by 4 percent. Twentynine Palms had the smallest increase of just 1.3 percent.
To look up your own property’s assessed value, visit the assessor’s website at www.sbcounty.gov/assessor.
PROPERTY VALUES GOING UP COUNTYWIDE AND LOCALLY
