Appraisals and Inspections - Mille Lacs County Assessor's Office

Appraisals and Inspections
Mille Lacs County Assessor's Office

What is an assessor/property appraiser? How often must an appraiser view my property? Why must an appraiser view the interior of my property? What if I don't let the appraiser inspect my home? What if I'm not at home? How will I identify an appraiser? Am I notified if my property is going to be appraised? How long does an appraisal take? When will I find out what value the appraiser has put on my property? How do I know if my valuation is correct?
*What is an assessor/property appraiser?* Assessors are professional county employees licensed by the State of Minnesota to review all real property within a jurisdiction. All assessors are required to be certified by the State Board of Assessors. This certification requires work experience and ongoing educational requirements. Continuing education is provided by the St Cloud State University, assessing organizations such as the International Association of Assessing Officers (IAAO), the Minnesota Association of Assessing Officers (MAAO), and other appraisal organizations. *How often must an appraiser view my property?* Minnesota Statute 273.08 requires that all appraisers physically review each property at least once every five years. The appraisal interval may be shorter due to review appraisals requested by the owner, ongoing new construction, or if the appraiser feels there may be an error in the property information for a particular property. *Why must an appraiser view the interior of my property?* Each property has unique characteristics that affect it's market value. Appraisers need to gather as much information as possible in order to arrive at a fair and equitable value. Typically, more variations in characteristics exist for older structures that affect market value of the property. *What if I don't let the appraiser inspect my home?* By denying an inspection the appraiser will be forced to make an arbitrary appraisal of the property which could be in error due to incomplete or improper information associated with the field record, possibly resulting in a higher valuation or wrong property classification. Appraisers want to view as many properties as possible in order to have the best possible information on all property, since the quality of the assessment is a measure of the quality of their work. Not allowing an interior inspection will result in the loss of the right to appeal your market value at the Board of Review (MS 273.20 and 274.01. sub. 1). *What if I'm not home?* If an owner or representative is not present an exterior review of the property will be performed. The appraiser will leave a door tag or business card asking that you call for an appointment for an interior inspection. If there is no response, an arbitrary appraisal will be made; in effect, an educated guess as to the interior features and condition of the property. *How will I identify an appraiser?* Appraisers for Mille Lacs County will be carrying a photo identification and/or business card. Information can be verified by calling the County Assessor's Office at (320) 983-8311 or (888) 280-8311. *Am I notified if my property is going to be appraised?* In some cases postcards are sent to property owners a few days before an appraiser begins work within an area, asking that the owner call for an appointment for an interior inspection of the property. If no appointment has been arranged, the appraiser will stop at the property when he/she is in the area. *How long does an appraisal take?* The appraisal normally takes 10-20 minutes, depending on the number of buildings and complexity of the property. Appointments are scheduled far enough apart to allow time for property owners to ask any questions that they may have. *When will I find out what value the appraiser has put on my property?* You will receive a valuation notice some time in March informing you of your value and classification for that assessment year, as well as taxes payable the following year. Even though an appraiser may have visited your property the previous summer, valuations require accumulation of sales data through the end of the year, as well as time during the winter to view new construction, to analyze the market, and to perform model calculations. *How do I know if my valuation is correct?* If there is a question in the property owner's mind as to the accurateness of the value, the owner should first make an attempt to find out what the property is worth by researching the current market trends. This can be done by checking sales of property in the area, checking values of similar properties, and talking to realtors and real estate appraisers. Sales information is available during working hours in the Assessor's Office for public viewing. For further assistance, please contact the Assessor’s Office at 635 2nd St SE, Milaca, MN, 56353 or call (320) 983-8311 or (888) 280-8311.

What is an assessor/property appraiser?

Assessors are professional county employees licensed by the State of Minnesota to review all real property within a jurisdiction. All assessors are required to be certified by the State Board of Assessors. This certification requires work experience and ongoing educational requirements. Continuing education is provided by the St Cloud State University, assessing organizations such as the International Association of Assessing Officers (IAAO), the Minnesota Association of Assessing Officers (MAAO), and other appraisal organizations.

How often must an appraiser view my property?

Minnesota Statute 273.08 requires that all appraisers physically review each property at least once every five years. The appraisal interval may be shorter due to review appraisals requested by the owner, ongoing new construction, or if the appraiser feels there may be an error in the property information for a particular property.

Why must an appraiser view the interior of my property?

Each property has unique characteristics that affect it's market value. Appraisers need to gather as much information as possible in order to arrive at a fair and equitable value. Typically, more variations in characteristics exist for older structures that affect market value of the property.

What if I don't let the appraiser inspect my home?

By denying an inspection the appraiser will be forced to make an arbitrary appraisal of the property which could be in error due to incomplete or improper information associated with the field record, possibly resulting in a higher valuation or wrong property classification. Appraisers want to view as many properties as possible in order to have the best possible information on all property, since the quality of the assessment is a measure of the quality of their work. Not allowing an interior inspection will result in the loss of the right to appeal your market value at the Board of Review (MS 273.20 and 274.01. sub. 1).

What if I'm not home?

If an owner or representative is not present an exterior review of the property will be performed. The appraiser will leave a door tag or business card asking that you call for an appointment for an interior inspection. If there is no response, an arbitrary appraisal will be made; in effect, an educated guess as to the interior features and condition of the property.

How will I identify an appraiser?

Appraisers for Mille Lacs County will be carrying a photo identification and/or business card. Information can be verified by calling the County Assessor's Office at (320) 983-8311 or (888) 280-8311.

Am I notified if my property is going to be appraised?

In some cases postcards are sent to property owners a few days before an appraiser begins work within an area, asking that the owner call for an appointment for an interior inspection of the property. If no appointment has been arranged, the appraiser will stop at the property when he/she is in the area.

How long does an appraisal take?

The appraisal normally takes 10-20 minutes, depending on the number of buildings and complexity of the property. Appointments are scheduled far enough apart to allow time for property owners to ask any questions that they may have.

When will I find out what value the appraiser has put on my property?

You will receive a valuation notice some time in March informing you of your value and classification for that assessment year, as well as taxes payable the following year. Even though an appraiser may have visited your property the previous summer, valuations require accumulation of sales data through the end of the year, as well as time during the winter to view new construction, to analyze the market, and to perform model calculations.

How do I know if my valuation is correct?

If there is a question in the property owner's mind as to the accurateness of the value, the owner should first make an attempt to find out what the property is worth by researching the current market trends. This can be done by checking sales of property in the area, checking values of similar properties, and talking to realtors and real estate appraisers. Sales information is available during working hours in the Assessor's Office for public viewing.

For further assistance, please contact the Assessor’s Office
at 635 2nd St SE, Milaca, MN, 56353 or call (320) 983-8311 or (888) 280-8311.