Saturday, August 16, 2014

Wisconsin Turns the Corner on Equalized Property Values

Residential property values in Wisconsin rise after 5-year slide. (Milwaukee Journal Sentinel, 8/15/2014)

After 5 consecutive years of decline, the total equalized property value for the state increased 2.6%, or $479 billion, in 2013.

10-page overview of Wisconsin's equalized property values.  (Wisconsin Department of Revenue)
  • Definition
  • Development 
  • Use

Go to the 2013 report of statewide equalized property values.

First view close-up.

When I click on "Dane", I get to a list of Dane County municipalities..

Dane County equalized property values increased 4.3% in 2013, higher than the state average.

To do another search, you need to observe the following navigation tip.  (Highlight added.)

In the following sample, percentages for Dane County municipalities range from -8.4% (Village of Maple Bluff)  to 16.8% (City of Verona). 

Interesting that 2 of the county's wealthiest communities are moving in opposite directions.  (Maple Bluff is where the Governor's Executive Residence is located.  What's that expression?  "There goes the neighborhood!")

And perhaps we'll see this headline in the Verona Press. 

Verona Posts Epic Boom in Property Values

Related posts:
Drop in property values for 5 years in a row.  (8/30/2013)
The Flint Public Library Continues to Experience the Double Whammy of Declining Property Values and Reduced Tax Revenues.  (8/4/2013)
Decatur Illinois & the double whammy of falling home values and reduced tax revenue.  (6/4/2013)
Reduced state aid and decreasing property values a double whammy for Shawano School District.  (10/19/2012)
Greater St. Croix Valley equalized property values show double-digit decline since 2008. (8/22/2012)
Wisconsin Department of Revenue: Statement of changes in equalized property values - preliminary 2012 report. (8/7/2012)
The Atlanta housing meltdown continues.  (2/2/2012)
Wisconsin Property Values Drop for 3rd Consecutive Year. (9/26/2011)
The Property Tax Domino Effect (Atlanta Metro Area)  (12/27/2010)
On the basis of this trend, urban libraries will certainly be tightening their belts again next year.  (12/26/2010)
National League of Cities Research Brief on America's Cities. (10/7/2010)

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