03.17.07
Forest Lake Development
Houses in the Forest Lake Development, located in South Asheville, sold for around 120,000 dollars 15 years ago when the housing development was new. Today, these houses are selling for about 240,000 dollars. 15 years ago, the development was only in Buncombe county. A few years ago, the city of Asheville annexed the development. The taxes doubled. The only benefit you get from annexation is the city picks up the garbage. If there is any other benefits, I’ve not seen them.