Wednesday, October 24, 2012

Property Values Jump in Kenora

A big jump in property values in the Kenora area.

The Municipal Property Assessment Corporation has just completed its most recent assessment and it shows an increase of 6.39 percent in the past year.

That's one of the biggest jumps in the region. 

Only Red Lake had a higher jump at almost eight percent.

Property values are also up in Sioux Narrows/Nestor Falls by meagre 1.16 percent.

Waterfront values continue to soar, with Kenora lake front property up 31 percent in the past
four years, while it increased by 14 percent in Sioux Narrows/Nestor Falls during that same time frame.

On the other end of the scale, property values are down in Ignace by almost 5 percent and
there was a two percent drop in Dryden and a four percent drop in Machin.