Property Tax Assessed Value vs. Fair Market Value Hard as it might be to imagine, there’s actually one scenario where a home’s property tax value can be too low: when it’s about to go on the market. While the assessed value isn’t something that Realtors and Appraisers take into account to determine market value ”...Read More
Not-So-Coincidental Timing? “Don’t look a gift horse in the mouth.” –Proverb. Hennepin County’s proposed 2020 property tax notices are out, and they contain a welcome surprise (at least for one homeowner — me!): a 2.9% drop for 2020. Yeah, I know: the notice is only preliminary, and the actual, final tax bill — typically mailed...Read More