The assessing division is responsible for estimating market values and determining the classification of property in the City of St. Louis Park for tax purposes. City appraisers follow standards that are put in place by Minnesota state laws.
Taxable market values
Minnesota law requires that the assessed value of your home reflect its market value — the price a buyer would typically pay for your home in today's real estate market. Assessors set your home's value by comparing what similar homes in your neighborhood actually sold for in the last year. For questions about your home's assessed value, call the assessing division.
Appeal your home’s value
If you disagree with your estimated market value, you have the right to appeal it. However, we recommend that you first call the St. Louis Park City Assessor’s Office. Often questions and issues can be resolved at the local level. If you still have concerns, go to Hennepin County’s website for information about filing an appeal.
If you have questions about your property taxes — how to pay them, how to find tax information on a specific property, how property taxes are calculated, etc. — go to property taxes page.
The assessing division also processes and maintains homestead applications. If you own your home and it’s your primary place of residence, you may qualify for the Homestead Tax Credit, a large property tax savings. Visit the homestead filing page for more information, including how to know if you qualify, how to apply and how to renew your homestead status.