Property Tax Alert: Minnesota

February 2007

A Minnesota property tax assessor's valuation of vacant lots was upheld and the valuation of an outlot was increased. Witnesses for both the taxpayer and the county made measurement errors in their comparables for the vacant lots and did not consider that the comparables for the lots were Economic Development Authority sales. In addition, the outlot, which was used for storage and billboard displays, had a higher value than its comparable because it was situated in a better location in terms of visibility and access to main roads between major cities.

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