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Market-value analysis shows Irving clustered in mid‑market; D‑markets dominate

City of Irving Planning and Community Development · February 20, 2020
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Consultants presented a Market Value Analysis (MVA) showing most of Irving’s census block groups fall in the mid market (D) range, with stronger A markets clustered in certain corridors. The MVA will guide targeted tools such as second‑mortgage assistance and preservation to match local conditions.

Raquel Favela, a consultant with the National Development Council, told residents that the city’s Market Value Analysis (MVA) classifies neighborhoods from A (strongest) to G (most stressed) and uses measures such as median market value, owner‑occupancy rates, new construction, rehab permits, subsidized renter share and code violations.

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