Though painful, county holds line on property valuations
By Reed Anfinson
“Would you sell it for less?”
It is a question an assessor could ask a property owner when a complaint is raised about the value put on a home, business, or farm.
In the past, the reply often was, “No.” That answer meant the property might actually have a value less than it is worth and the owner’s complaint was not justified. That is not the case today.
After seeing their property values rise by 30% to 50% over the last two years, many homeowners are saying they would consider selling for their current valuations, or less, if they were considering moving.
Those sentiments were expressed at the annual Swift County Board of Assessment and Equalization June 20. Swift County’s Board of Commissioners acts as the board that reviews property valuations.
For more on this story, subscribe to the Monitor-News and support community journalism.