Posted 12/18/2010 14:45 (#1493128 - in reply to #1492541) Subject: Re: Acessed vs. appraised value?
SW Minnesota, Lyon County
In Minnesota the assessed value has to be within 90% to 110%, give or take a few percent, of the value that the property would bring if it was sold. Keep in mind that taxes are always lagging a year behind so the assessed value will be also. Assessed would get you close, but if you want to be right on the money I would suggest an appraisel. That can be spendy though.