Buncombe County homeowners face sticker shock over newly assessed property values

Tax notices with newly assessed property values are now reaching Buncombe County homeowners, causing sticker shock for many, with some increases upward of 100%.

In the upscale Grove Park/Town Mountain area, former Asheville Mayor Lou Bissette, 82, saw the valuation of his longtime home on Old Toll Road rise from $970,100 to nearly $1.7 million, a 75% increase.

“This may make me go on to the (retirement) home,” he joked…

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