Eagle County Assessor says single-family home values in Basalt/El Jebel soaring 38 percent in reassessment –  Midvalley homeowners will likely experience sticker shock when their new property valuations arrive in the first week of May, according to the assessors of Eagle and Pitkin counties. Although the recession has crippled the local real estate industry, the new valuations will reflect about a 38 percent increase for single-family homes in Basalt and El Jebel, Eagle County Assessor Mark Chapin said. Condominium values soared by as much as 75 percent, he said.
By Scott Condon, April 17, 2009, Aspen Times

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