Housing in Hugo: ‘The market is strong’

The city continues to see a lot of activity when it comes to new construction and market values.

“Hugo has a ton going on. It’s great. The city is growing,” said Tyson Terry, a residential property appraiser with Washington County. “A lot of people are still buying new homes here and it makes up a good portion of the sales that are going on.”

It’s a yearly tradition for the county assessor to visit the City Council to recap some of the key findings for the assessment year (AY). Terry recently shared findings for AY 2024, which are based upon actual real estate market trends of Washington County properties from Oct. 1, 2022, through Sept. 30, 2023. 

Read the full article here.