Property Value Information: check your home real estate property's assessed value using the Home Price Index and the House Price Calculator.
Minnesota has two property tax refund programs. You may qualify for one or both, even if you haven’t qualified in previous years. Learn if you qualify as a Minnesota homeowner by checking on your property's assessed value.
The Federal Housing Finance Agency offers a Home Price Index.
* When using the House Price Calculator, please note that it does not project the actual value of any particular house. Rather, it projects what a given house purchased at a point in time would be worth today if it appreciated at the average appreciation rate of all homes in the area. The actual value of any house will depend on the local real estate market, house condition and age, home improvements made and needed, and many other factors. Consult a qualified real estate appraiser in your area to obtain a professional estimate of the current value of your home. Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 requires that any appraisal used in connection with a federally related transaction must be performed by a competent individual whose professional conduct is subject to supervision and regulation. Appraisers must be licensed or certified according to state law.
Why Is Is Important To Know Your Home Property Value Information:
Follow your property value to see if your hard work on home renovations and remodeling projects are paying off.
It helps homeowners make sure their home insurance is adequate, before the day come when you need it.
If your property's value increases more than others, plan accordingly that your homeowners taxes will go up faster than others.
Helps homeowners make better informed decision as to if they should fix up their home or sell and move.
