Island, county property values continue impressive rise
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Island, county property values continue impressive rise
The assessed value of real estate in Indian River County increased by an impressive $2 billion in 2024, according to an estimate released this month by property appraiser Wesley Davis. The new total on which property taxes will be levied next fall is $34.3 billion, up an astonishing $11 billion in the past three years, a 50-percent increase since Jan. 1, 2022. The Town of Orchid led the way with a 10.5-percent increase in real estate value, the …
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