I bought a starter home 6 years ago in that area. paid 120K for 920sqft ranch. Now my assessed value is 169K (was 118K when I bought).... Crazy (did finish my basement but that was 12K). Still my assessed if you subtract finished basement, is $155K and could easily sell for $180K. We thought about buying a bigger house a year ago but with our current equity, but when we did some calculations and analysis, were further ahead keeping our current house and finishing the basement.