The Assessor's Office directs, plans and supervises the appraisal and recording of all property assessments in Chippewa County as prescribed by Minnesota Statutes and the directives of the Commissioners of Revenue in order to provide an equitable and efficient system of property appraisal for tax purposes.
The law specifically requires that every fifth year; an appraiser will view the property and record property characteristics that would affect the market value, such as age, size, etc. In addition, properties are to be viewed whenever improvements have been made to the parcel.
Properties are compared with actual sales that have occurred in the market place to determine values. The market value placed on a property by our office should be 90 to 105% of what your property should sell for if placed on the open market.