Property Assessment Property Information Information on individual lots in Hennepin County can be obtained through a property information search on their website. Estimate Value State law specifically requires that assessors view each parcel of real estate to appraise its market value.
Property values change continuously with changing economic conditions.
All factors are considered in estimating the value of the property. This requires physical inspection of all property subject to assessment. The assess or also determines the classification or use of each parcel. Each classification is taxed at a different percentage of market value. These percentages are set by the legislature and may change each year.