Property values increase throughout Trumbull County

Staff repoort

WARREN

If there is something to be gleaned from the property values generated by the most recent six-year Trumbull County property tax revaluation, it’s that residential values countywide rose by about 3 percent.

It also appears residential and agricultural values in the top two rows of townships rose the most from Jan. 1, 2011, to Jan. 1, 2017. They went up about 7 percent, compared to increases closer to 4 percent in the bottom three rows of townships.

But Doug Constance of Integrity Appraisal Service of Niles, the company that carried out the reappraisal for the county auditor’s office, acknowledges a six-year property revaluation is not a highly scientific process.

As a result, a chart he puts together every six years to show what percentage property values have risen or fallen in the county’s townships, cities and villages is also not scientific.

A six-year revaluation involves looking at nearly every one of the county’s properties to provide a basis for increasing or decreasing the value of each property. The new valuations affect the amount each property owner pays in property taxes and took effect early this year.

Read the full story Monday in The Vindicator and on Vindy.com.