|Residential Property Assessment
MPAC assesses your property, by analyzing the sales of similar properties that have sold in your area. Based on the sales information, there are five major factors that generally account for your property’s assessed value.
- Age of the buildings on the property.
- Exterior square footage.
- Location of your property.
- Size of your lot.
- Quality of construction.
You can view and download the Market Valuation Report and Methodology Guide in the View My Property Details section and by selecting Reports.