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Values
From Page A1
the 2009 assessment team says the decrease has not been as marked in Rappahannock as elsewhere.
“Less expensive properties have gone down in value at a much faster rate than tout most expensive properties," said Harold Wingate, president of Wingate Appraisals. His Roanoke firm conducted assessments in Rappahannock for the first time this year and has done so for jurisdictions around the state for nearly 4-5 years
"The values have held more in Rappahannock than some of the surrounding counties," Wingate said “Except for some of your cheaper properties, say those under $300,000, which have been impacted pretty heavily by the recession, the market has not been affected as adversely in Rappahannock as in some of the other places we have seen. The more expensive properties have held their own
“That's a little unique to Rappahannock County." said Wingate. "We don't see it to this extent in most other
63.7%