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2023.03.20 Packet
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2023.03.20 Packet
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3/20/2023 3:51:45 PM
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City Council
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Agenda/Packets
Meeting Date
3/20/2023
Meeting Type
Regular
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3 | P a g e <br /> <br />INTRODUCTION <br /> <br />The Washington County Assessor Division has prepared this 2023 Assessment Report for <br />use by the County Board, City Councils, Town Boards, residents, and staff. This report <br />includes specific information regarding the 2023 assessment, as well as general information <br />about both the appeals and assessment process. <br /> <br />Minnesota statutes establish specific requirements for the assessment of property. The law <br />requires that all real property be valued at market value, which is defined as the usual or <br />most likely selling price as of the January 2nd assessment date. <br /> <br />The estimated market values established through the 2023 assessment are based upon <br />actual real estate market trends of Washington County properties from October 1, 2021 <br />through September 30, 2022. From these trends, our mass appraisal system is used to <br />determine individual property values. Detailed discussion of the sales analysis can be found <br />in the “Sales Analysis” section of this report. <br /> <br />The summaries breaking down the adjustments made in each community, by property use, <br />can be found in the “Past and Present Adjustments” section of this report. <br /> <br />Property owners who have questions or concerns regarding the estimated market value that <br />has been established for their property are encouraged to contact the property appraiser <br />responsible for their area. In most cases, an interior inspection of the property will be <br />necessary. For detailed discussion regarding the appeals period, please refer to the section <br />of this report titled “Other Assessment Related Information.” <br /> <br />Lisa Young, S.A.M.A. <br />Washington County Assessor <br />
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