As an assessor, we monitor all sales and analyze the local real estate market relative to economic conditions, supply and demand factors, and other influences that affect value.
Michigan Law requires assessors to maintain a property record card for each and every parcel. The card is required to include such information as ownership, sale information, land values, building values, property characteristics etc. We use the characteristics of your property in connection with our analysis of the real estate market to estimate a market value. The Assessed Value will be 50% of the indicated market value. It is important to understand that Assessors are using a mass appraisal process to value your property fairly and similarly to other properties in the Township.