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Cass property value drops by 3.3 percent

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WALKER — Cass County’s property value dropped 3.3 percent in the 2012 assessment that will be used to compute property taxes in 2013, Assessor Mark Peterson informed the county board Tuesday.

The new valuation is $6,397,700,000, down from $6,579,700,000 in 2011. The county’s value peaked in 2008 at $7,084,000,000.

There were 109 new home starts in the county in the last year, compared with 128 the year before.

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