Trinity Area Housing Has Held Value, Appraiser Says
While the housing market is still trying to pull out of a steep nosedive, the value of houses in this portion of southwestern Pasco County has weathered the housing crisis better than many areas. "The higher priced homes have held their values better," Pasco Property Appraiser Mike Wells said. "But across the board, everything has gone down some." And values likely will fall some more in 2009, before a recovery starts in 2010, Wells is projecting. That's when Medical Center of Trinity is scheduled to open. Some are residents hope the hospital will boost the area out of economic doldrums. The $218 million facility with 236 private-room beds will replace Community Hospital of New Port Richey. "I don't think it matters what income level it is," Commissioner Ann Hildebrand commented. All home values have been impacted, she said.
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