After years of double-digit increases, though, some school disticts see valuations drop.

By Tim Eaton , Shonda Novak
AMERICAN-STATESMAN STAFF

Residential property appraisals rose by an average 3.8 percent in Travis County this year, less than a third of last year’s increase and the smallest jump in five years, the Travis Central Appraisal District reported Wednesday.

Countywide, the average home value was $295,744, the district said. In 2008, the average valuation rose 12.2 percent.

In the City of Austin, the average valuation rose 4.5 percent this year to $278,027, compared with a 12.8 percent increase last year.

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