One House At A Time

Link to May 11 Jamestown Post Journal article.

Excerpt: There's a disturbing trend taking place in Jamestown's residential neighborhoods.

Over the years, the percentage of Jamestown homes that are owner-occupied has dropped by at least three percentage points every decade. What's worse, many rental properties are owned by landlords who keep them only as income properties and make little or no investment in upkeep or maintenance.

Take Broadhead Avenue, for example.

One house on that street, located at 6 Broadhead Ave., is assessed at $132,000. The house at 11 Broadhead Ave. is assessed at $115,000. And it just goes downhill from there - a sharp $35,000 drop in assessed value has the house at 16 Broadhead Ave. assessed at $80,000. The house at 23 Broadhead Ave. is assessed at $30,000. One nearby house, at 33 Broadhead Ave., is assessed at just $17,000.