Property is a good investment in these parts, apparently even better this year than last. 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. Again. At least on paper. Assessed property values in San Bernardino County have increased overall by 7.3 percent since 2017, Dutton reported last week, slightly better than last year’s increase of 6.1 percent. That amounts to a whopping $221.7 billion worth of property, over $15 billion more than last year. Local property values also increased, with Yucca Valley leading the pack at 6.5 percent, unincorporated areas second at 5.8 percent, and Twentynine Palms bringing up the rear at 3.7 percent; the smallest gain countywide, but still nearly three times last year’s increase.
To look up your own property’s assessed value, go to www.sbcounty.gov/assessor