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Scott County presents 2025 valuation updates, explains appeal route and state role
Summary
County assessors presented market data showing rising home values and mortgage rates, described countywide median ratio outcomes and warned that the state may order uniform corrections if jurisdictions fall outside the 90–105% range; assessors explained appeal steps and special refund eligibility.
Scott County assessing staff told the Board of Commissioners on March 18 that 2025 valuations reflect higher market values and higher mortgage rates that together increase monthly payments even where assessed values rise.
Michael T., the county appraiser presenting the data, said the countywide average home value has risen (county figures cited) while mortgage rates increased since 2021, which raises monthly carrying costs and influences the supply…
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