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Borough assessor says appraised value tops $20 billion; average single‑family appraisal up about 5%
Summary
Borough acting assessor Art Golden told the Matanuska‑Susitna Borough Assembly on Jan. 21 that the boroughs appraised value reached $20,000,000,000 for the first time and that average appraised single‑family values rose 5.08% to about $388,091.
Borough acting assessor Art Golden told the Matanuska-Susitna Borough Assembly on Jan. 21 that the boroughs appraised value reached $20,000,000,000 for the first time and that average appraised single‑family values rose 5.08% to about $388,091.
Golden said the 2025 numbers reflect 768 single‑family new construction units, 127 multifamily units and 68 commercial projects captured in 2024 and reported on the boroughs January 1 valuation date. The assessors office said appraised values rose 6.8% year‑over‑year while taxable (assessed) values rose 8.3% as exemptions changed the taxable base.
Why it matters: the appraised and assessed values set the base for tax notices and influence property tax bills, and changes often prompt calls and appeals from property owners.…
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