Tuesday, June 27, 2000
Warren Co. homes more valuable
Study finds $131,000 average price
By Kevin Aldridge
The Cincinnati Enquirer
LEBANON Single-family homes in Ohio's second-fastest-growing county are more valuable and pricier than ever before, a study released by the Warren County Housing Advisory Committee (HAC) found.
The average value of a home in Warren County surpassed $131,000 last year, according to the study. That's a 4.6 percent increase from $125,000 in 1998.
HAC's research also showed that single-family homes sold for an average of $163,000 last year, up from $149,000 in 1998. Meanwhile, 232 more houses were sold last year (5,186) than in 1998 (4,954).
That's good news for the middle- to high-income people wanting to move into Warren County those who want to stay and move up to larger homes, and those who want condominiums. But some county officials worry the rising cost of housing is widening the gap between the county's number of poor families and the supply of housing they can afford.
Our housing costs are obviously increasing a lot faster than the income level of some of our residents, said Yana Keck, a spokeswoman for the county's regional planning commission, noting the county's estimated median household income was $57,800. It is definitely a cause for concern in terms of what type of affordable housing is available.
Warren County Metropolitan Housing has 194 public housing units and more than 212 people on its waiting list, according to the HAC study. There are 379 Section 8 and 78 New Housing Opportunities housing units and waiting lists of 415 and 28 people, respectively.
In Deerfield Township, where 11,638 of the county's 41,066 single-family homes are, lack of affordable housing is a concern.
We simply don't have much in the way of lower- to middle-income housing, said Dan Theno, Deerfield's administrator of development and community relations. And the areas that we do have are diminishing rapidly. Deerfield is basically a middle- to upper-income community.
Mr. Theno said that may be a good demographic for luring upscale businesses like Nordstrom to the township, but presents a problem when workers can't afford to live where they work.
A lot of people who work in the township can't afford to live here because they they don't make enough money, said Mr. Theno.
But Warren County Administrator Bob Price said finding affordable housing all depends on where one wants to live and what one finds affordable.
If you want to live in specific parts of the county, yes, it is going to cost a lot of money, Mr. Price said.
Gas prices start to show ripple effect
Driver had suspended license
Teen charged in crash that killed 2 girls
City OKs funds for Nordstrom
CPS board approves charter school in East End
Port Authority's role in riverfront plans gets OK
Cures for diseases will take time
Genetic breakthrough poses ethical dilemmas
Local scientists join gene study
Police dogs get bulletproof vests
Police want to quiz man about killing
Coach's sons may avoid prison
Robber recounts shooting by police
Union spelled confusion, so now it's West Chester
Robbery suspects indicted
SAMPLES: Church musicians bond for life through music
KNIPPENBERG: To cast 'Aida,' opera worker goes to jail
GET TO IT
New 'What to Expect' series caters to kids
Pig Parade: CAM Ham
Teen helps others deal with anorexia
Bank robbers remain at large
Bauer continues to serve causes
Dealing better with bias crimes
Democrat says Boone County winnable
Fire ruins a dad's gift to daughter
Harrison seeks bus solutions
Hot-air balloons give rise to Lebanon celebration
Ky. Senate candidate selects manager
Loveland manager set to quit
Mason shuts door on proposal for Kroger store
Museum to break ground on expansion
Newport commission agreement puts stop to lawsuit
Ohio could get funds to restore properties
School formula questioned
Sewer facility vote is expected
Springdale set for July 4 fest
Warren Co. homes more valuable