When it comes to finding blight tools, policies, and programs that will work well in your community, property values and the real estate “market” matter a lot. In some places, it costs more to build a house than you can sell it for when it’s finished – these places tend to have more blight because fewer people are interested in building. In other places, high property values can lead to people speculating and holding onto vacant property with the hope of selling it later. Click on the picture below to see slides with more details on this topic, and hear about approaches that work for different market types.
- Download all the slides from Section 3 by CLICKING HERE.
- Download the 2009-2012 New Orleans Market Value Analysis by CLICKING HERE.
- Download Worksheet 3: Identifying Your Market Type by CLICKING HERE.
- The Market Value Analysis is now interactive and online! You can click the MVA map and see individual factors (like home prices) for different parts of the city by CLICKING HERE.