Detroit property values average 20% increase, Duggan announces
Detroit residents will receive assessment notices this month showing about a 20% property value increase.
Source: freep.com
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Detroit residents will receive assessment notices this month showing about a 20% property value increase.
Residential property values in the city of Detroit were up 20 percent on average in 2022, Mayor Mike Duggan said Friday, continuing a six-year trend of rising home values, though there are still some pockets of the city where property values declined.The city also saw more vacant homes…