Mixed Blessing If you’re selling your home, it’s unqualified good news (at least to the extent that prospective Buyers consult it). If you’re staying put — and now have to fork over more money every year — maybe not so much. The news I’m referring to? Hennepin County’s just-released proposed 2015 property taxes. Up 10%?...Read More
But, That’s Not What You Can Buy It For Estimated Market Value — Building: $400 Estimated Market Value – Land: $150,000 Estimated Market Value – Total: $150,400 –Hennepin County 2014 Property Tax Records It’s not unusual for the land underneath an older, dated home to be worth more than the home itself. That’s especially true for a...Read More
You Call That Easing Up? The “good” news? (good if you’re not selling your home, that is). According to Hennepin County, the value of my home dropped just over 7% the last year. The bad news? That 7% drop in assessed value translates into a measly .7% decrease in my already-hefty Minneapolis property taxes. See, “Minneapolis Property Tax Disconnect.” Yup,...Read More
Searching By Neighborhood Names No, the map (at right) isn’t some sort of alternate zip code for Hennepin County. Actually, come to think of it . . . it is. For Realtors. Unbeknownst to (most of) the public, the Twin Cities Multiple Listing Service (“MLS”) database splits the metro and outlying areas into 139 districts....Read More
