Falls Church Assessments Swell

From today's Metro section:

Housing values in Falls Church have increased by 13.9 percent in the past year, city officials said yesterday. The median value of a single-family home this year is $649,300. The rise is smaller than that from 2004 to 2005, when residential assessments grew 16.5 percent. Condominiums fueled some of this year's rise, increasing in value by 21.5 percent to a median of $347,700.

Falls Church residents who are 65 and older or permanently disabled might be eligible for the city's real-estate tax relief program. For more information, visit http://www.fallschurchva.gov or call 703-248-5005.

By  |  February 22, 2006; 11:50 AM ET  | Category:  Economy, Taxes
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