Earlier this week, cities and counties began sending out 2015 proposed property tax notices, including the estimated market value of your home. In Ramsey County, the assessments increased by an average of 10.4 percent. In Hennepin County, there was an average increase of 8.4 percent and in Anoka County, the average jump was 18.7 percent. So, how do cities and counties figure out how much our homes are worth?
Anyone who owns a home has seen the dizzying drop in market value. But now, there’s some very good news about Twin Cities housing prices.
Will having a celebrity neighbor help or hurt your home’s value?