How does the Assessor determine the estimated market value?

A mass appraisal process is used for estimating market values. Information from all sales that occur within the county are collected and closely analyzed by the Assessor's Office. The Assessor's Office then adjusts market values by comparing properties that sold within a given area with properties that have not sold within that same area For more information, contact the Assessor at 218-384-9149.

Estimated Market Value Fact Sheet

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1. What is the responsibility of the Assessor in the property tax system?
2. What is market value?
3. How does the Assessor determine the estimated market value?
4. Why has my value changed for year to year?
5. How can I judge the accuracy and fairness of my value and classification?
6. Does the estimated market value increase at the same rate on all properties?
7. Does an increase in market value mean that my taxes will increase?
8. Can the estimated market value change even if an appraiser has not been inside my property?
9. What is classification?