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Demand drives up land values in Currituck County, Va.

The Virginian-Pilot (Norfolk, VA)

| March 23, 2005 | COPYRIGHT 2007 The Virginian-Pilot. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Jeffrey S. Hampton

Mar. 23--CURRITUCK -- Property in Currituck's northern Outer Banks, where there are no paved roads and few government services, more than quad- rupled in value, more than any other area of the county, according to the latest tax revaluation.

Total Currituck County property values rose about 146 percent, to $6.4 billion from $2.6 billion since the last revaluation in 1997.

As expected, oceanfront and waterfront property increased the most, particularly parcels in the northern Outer Banks, including the community of Carova.

"They're going up so fast we can't keep up with it," Tracy Sample, tax assessor for Currituck…

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