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Home values could drop 7% locally

Commercial is not as bad, agricultural is actually up

The figures aren't final, but St. Charles County Assessor Scott Shipman expects a countywide decline of approximately 6.29 percent in value of reassessed residential, commercial and agricultural property.  "You will see a bigger [percentage] decline in residential" property values than in commercial, Shipman said. Stressing that these are "round numbers," he said countywide there appears to ...

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