What does the Assessor do?
  • Estimates Value: The law specifically requires that assessors view each parcel of real estate to appraise its market value. Property values change continuously with changing economic conditions. In addition to market changes, numerous physical changes affect the value of land and buildings. All factors that may influence value must be considered when estimating the value of property. This task requires a physical inspection of all property subject to assessment.
  • Classifies Property: The assessor also determines the classification or use of each parcel. For instance, property may be Residential Homestead (owner-occupied), Relative Residential Homestead (relative of owner is occupant), Residential Non-Homestead, Agricultural, or Commercial/Industrial. Each classification is taxed and receives credits at a different percentage of market value. These percentages are set by the state legislature.
  • Accepts Applications for Property Tax Credits: The Minnesota property tax law provides certain credits or forms of special tax relief, one of the more common being the Homestead Credit. Applications for Homestead-Classification; Application for Tax Exemption; Application for Agricultural Tax and Special Assessment Deferment; Applications for Special Disability Classification are among programs of interest to property owners. Please call the Assessor’s Office at 763-682-7367 if you think you may qualify.

Show All Answers

1. What does the Assessor do?
2. What is market value?
3. How does the Assessor determine market value?
4. What is a market value exclusion and why might it change?