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Milton township tax assessor12/5/2023 ![]() ![]() If your opinion of the property value differs from the assessment, please contact the assessor to discuss the matter. The assessor simply has the legal duty to study those transactions and appraise your property accordingly for taxation. ![]() People create value by their transactions in the marketplace. However, the assessor does not create the value. For instance, if you add a garage to your home, the assessed value increases, but if your property is in disrepair, the assessed value decreases. When market value changes – so does assessed value. Why do my assessed values change each year? Each year, this entire process must be repeated, because the market value can change significantly from one year to the next. The assessor must conduct extensive research to determine this market value for every piece of property in the township. Factors such as location, size, condition, & home style all affect the market value. The market value of your property is the price most people would pay for it in its present condition. Accurate appraisals require a continual search for significant data to estimate the fair market value of your property. The assessor first reviews all the property, then values it. It exempts a Michigan resident (who owns and occupies their property as a primary residence) from paying the tax levied by a local school for operating purposes (up to 18 mills). ![]()
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