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Anoka County City of Lino Lakes <br />Market Value Effect of New Improvements <br />The next example is a more detailed breakdown of changes for the 2012 assessment as compared to <br />the 2011 assessment. The chart shows the change in value and percentage of change not including <br />value added for new improvements, and then including new improvement values. As you can see, <br />the overall decrease in value before adjusting for new construction is 7.0 %. And when new <br />construction was added in, the over decrease changed to 6.5 %. <br />Property <br />Type <br />Residential <br />Commercial <br />Industrial <br />Total <br />2011 <br />Total <br />Estimated <br />Market <br />Value <br />$1,583,277,300 <br />$155,488,900 <br />$1,738,766,200 <br />2012 <br />Estimated <br />Market Value <br />Not Including <br />New Improvement <br />Value <br />$1,471,776,300 <br />$137,442,200 <br />$1,609,218,500 <br />Percent of <br />Change <br />2011 to 2012 <br />Not lncluding <br />New Improvement <br />Value <br />-7.0% <br />-11.6% <br />-7.5% <br />2012 <br />New <br />Improvement <br />Value <br />$9,212,400 <br />$100 <br />$9,212,500 <br />2012 <br />Estimated <br />Market Value <br />Including <br />New Improvement <br />Value <br />$1,480,988,700 <br />$137,442,300 <br />$1,618,431,000 <br />Residential includes all property classified Residential, Agricultural and Apartment. <br />Commercial Industrial includes all property classified Commercial, Industrial and Manufactured Home Park. <br />16 <br />Percent of <br />Change <br />2011to2012 <br />Including <br />New Improvement <br />Value <br />