Laserfiche WebLink
2023 Value Changes by Property Type <br />Non Waterfront Single family home values were fairly flat since 2022, with the total estimated <br />market value increasing less than a half of a percent. The waterfront single family homes <br />experienced the largest increase for all residential properties. The total market value for these <br />properties increased 16.77%. Townhomes saw a modest 2.73% increase. <br />Estimated market values for commercial, industrial and apartment properties increased <br />considerably for the 2023 assessment. Commercial/Industrial total market value increased by <br />22.2% and apartment values increased by 22.14%. All cities in Anoka County, as well as <br />several surrounding counties, experienced large increases on these property types. <br /> <br />The chart below depicts the total aggregate change in estimated market value as a <br />percentage for each property type. Each property within the city is valued based on its <br />specific features and location. Note: individual property values may have increased or <br />decreased significantly different than the aggregate totals due to a previous over or <br />undervalued situation. <br />2023 ESTIMATED MARKET VALUE <br />CHANGES BY PROPERTY TYPE <br />Total Estimated Market Value <br />Change 2022 to 2023 <br />Property Type <br />Single Family Non Waterfront0.30% <br />Single Family Waterfront16.77% <br />Townhomes2.73% <br />Commercial/Industrial22.02% <br />Apartments22.14% <br />4 <br /> <br /> <br />