Market Study Analysis

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LEGAL PUBLICATION

Results for the Market Study Analysis for Coffey County Valuation Year 2019

February 4, 2019

 

RESIDENTIAL PROPERTY

Age models - older houses

A study of the residential real estate market for older houses, i.e. built before 1946, indicated that the market is up 1.033. 

Age models - newer houses

A study of the residential real estate market for newer houses, i.e. built after 1945, indicated that the market is up 1.033. 

 

COMMERCIAL PROPERTY

A study of the commercial real estate indicated that the market is stable with no general upward or downward trend.

 

VACANT

A study of the real estate market for vacant lots indicated that the market is stable with no general upward or downward trend.

Values of specific properties may change due to physical changes within the property, correction of descriptive information, or calibration of values based on sales of similar properties.