Crossroads property values remain steady
May 30, 2011 at 12:30 a.m.
Updated May 31, 2011 at 12:31 a.m.
This year's property values remained steady throughout the Crossroads-area, compared with the year before.
The lack of change is linked to the real estate climate, said John Haliburton, chief appraiser of the Victoria Central Appraisal District. Each year, the appraisal district evaluates the market's buying and selling trends.
The appraisal district mailed out about 23,000 appraisal notices May 4, Haliburton said, which is on par to the 27,000 that went out the year before.
Residents whose home values changed by $1,000 or less did not receive notices.
Sandra Castner, a Victoria nursing student, was among those who did not get a notice in the mail. She said she took that to be a good thing.
"I like my value the way it is so, as long as it hasn't gone down, it's good," she said. "And, if it doesn't go up, that means I don't have to pay more money in taxes."
Appraisal notices for DeWitt County went in the mail Friday, but values stayed about the same as the previous year, Chief Appraiser Beverly Malone said.
Like Haliburton, she associated the lack of change to the real estate industry.
"... With oil and gas interest now, I think property owners are holding on to properties," she said. "Sales aren't going up or down much, as far as I can see."
It's good for things to remain steady for a while, especially in today's economy, said Sherry Moore, who owns a ranch in Yorktown. Her home value remained about flat, she said, and she didn't mind.
"I think things are good around here," she said. "Plus, with the Eagle Ford Shale activity in Cuero and Yorktown, I think things will really pick up."
Lavaca County's property values also remained flat, said Pam Lathrop, chief appraiser of the Lavaca County Central Appraisal District.
"We're not seeing a lot of sales," she said. "People aren't buying right now. That's the big problem."
Residential property values remained unchanged in Goliad County because there was no need for an increase, said E.J. Bammert, chief appraiser for the Goliad County Appraisal District.
"You make changes a lot of times based upon a need, and the need wasn't there," he said. "I don't know what direction we will go in future years but, as far as the 2011-10 year, there was not enough to justify a major change in pricing."
Victoria County homeowners who do not agree with their valuation have until Thursday to file a protest, Haliburton said. They can do so with a form on the back of the appraisal notice.
"If people have questions, please call," he said. "That's what we're here for."