Orange County NC Website
Browse       Search
12 <br /> Results of Northside Appeals (continued) <br /> Reviews and field visits were made of the remaining properties in the affected <br /> neighborhoods, which included approximately 472 properties. 68% decreased in <br /> value, 29% increased in value, and 3% had no change in value. Overall change in <br /> value was a reduction of $10,695,500. <br /> After review, using data provided about the neighborhood conservation districts, <br /> data compiled based on sales in the area, and field visits to the properties, values <br /> were adjusted on many of the properties. <br /> Smaller properties that were conforming to the restrictions of the Northside <br /> Neighborhood Conservation District on average received a reduction in value of at <br /> least 20%. The average reduction in value was $71 ,901 . <br /> Larger, legally non-conforming properties were reviewed and some were adjusted <br /> to reflect an increase in value. The average increase was $79,400. <br />