Property values decline across county

Gladwin County Record - March 2nd, 2010

GLADWIN COUNTY: Declining property values have impacted cities and townships across Michigan and the country. This year Gladwin County will also feel the pinch.

For the first time in recent years, property values county-wide have decreased, and this decrease has affected all real estate sectors.

Residential properties have seen the biggest decrease in value. Across the county, residential values have decreased by a total of 11.27 percent.

Beaverton, Bentley, and Grim townships, as well as the City of Beaverton saw their values fall by only 3 percent, while Bourret, Sherman, Grout and Secord townships experienced the largest decrease in value at 15-16 percent.

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