With so many one-family homes here, families have no choice.
Last month he started the Woods, a 36-unit development, also of one-family homes starting at $550,000, and immediately sold 11.
Such a report can cost $200 to $400 for a typical one-family suburban home.
"What makes it so easy is the fact that 83 percent of our 450,000 residents live in one-family homes," he said.
Prices on one-family detached homes start about $255,000 for a house that needs work and can go up to $475,000.
Last month, the same board had 547 one-family homes for rent.
There is only a scattering of one-family homes, which go for $190,000 to $245,000, he added.
In the case of one-family homes, it said any property on the market for four months could be discounted 15 percent.
That means a one-family home in the city with a market value of $200,000 would be assessed at $18,000.
An expert predicted that the price of a one-family home would rise at least 20 percent in the next year.