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Assessor: Morris City property values rose about 15% in 2024 sales study

Morris City Council · April 8, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Seams County Assessor Craig Swanson told the council the 2025 valuation study (sales Oct. 1, 2023–Sept. 30, 2024) showed strong market activity including roughly 15% average increases in Morris City, 74 residential sales and 44 new parcels; staff described appeal and training requirements.

Craig Swanson, Seams County Assessor, presented the county's sales study used to set 2025 values and said strong local sales pushed many appraisals upward. The study covered sales from Oct. 1, 2023, through Sept. 30, 2024, and included 74 residential sales, two residential vacant-lot sales and nine commercial sales; staff recorded 44 new parcels of construction totaling about $9.3 million (roughly $8.5 million of that in commercial improvements).

Swanso…

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