Randall Benton / RBenton@sacbee.com

A model home in Rocklin on Wednesday, August 28, 2013. Now that buyers are back in the market, what do they want in a new home? Buyers want to maximize the use of their interior and exterior square footage for what they want most -- comfortable living space.

Placer County leads property values climb in the Sacramento region

Published: Tuesday, Oct. 15, 2013 - 12:00 am
Last Modified: Tuesday, Oct. 15, 2013 - 12:21 am

The value of state- and county-assessed properties of four counties in the Sacramento region rose compared with year-ago totals, according to the state Board of Equalization.

BOE figures showed Placer County with the highest year-over-year percentage gain – about 6 percent to $56 billion.

Sacramento County saw values increase about 4 percent to $122.4 billion. Yolo County likewise rose about 4 percent year over year, to $21.1 billion. El Dorado County had a gain of about 1 percent to $27.7 billion.

BOE said the statewide value of property assessed by county governments increased $187.9 billion (4.3 percent) to $4.545 trillion.

The board said 51 of California’s 58 counties posted year-to-year increases in assessed value.

Each year, the state’s 58 county assessors are required to report their assessment roll to BOE. Totals reported for 2013-14 represent property values on Jan. 1, 2013. Those values are used to calculate amounts homeowners and commercial property owners owe county governments in property taxes.

Call The Bee’s Mark Glover, (916) 321-1184.

Read more articles by Mark Glover

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