Thursday, March 31, 2011

Through the eyes...

...of the bureaucrats.
Here's a document that is part of the City of Elgin's planning process. It shows the Assessed Value of all Elgin properties.


And here is what Elgin looks like, according to Zillow. Now, Zillow is a website that helps people looking for homes. It tracks the REALISTIC value of property, based on what people were willing to pay for homes in the area.
The green line in the chart above is the median value of homes in Elgin. The yellow line represents home values in zip code 60120. The brown line is the home value of 360 North Spring Street in the NENA area.

It is on the market for $110,000. The Kane County clerk is taxing it at $159,000.

We live in different worlds, don't we?

1 comment:

  1. Thank for posting this.
    Amazing that this kind of news IS NOT reported by main stream media.
    Kept in the dark and fed bulls***!

    ReplyDelete