Minot’s property valuation rises
Home prices in Minot are still climbing — and so are property assessments. According to the city assessor’s latest report, residential property values rose an average of 4.59% last year, with commercial values up 4.15%. The increases help keep assessments in line with state guidelines, which require values to stay close to actual selling prices. Not every property will see a change, but many will — especially in newer neighborhoods. The report also highlights slower new construction and a sharp rise in manufactured home park values. Jill Schramm with Minot Daily News has the full story.
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