Those things really aren't applicable in Michigan. Every assessor in the state uses the same computer software to figure State Equalized Value. All of the physical attributes of a parcel are entered in the computer,and it sets the assessment. There are things built in to the program so that the value of something like outbuildings would be less in a poor rural area than in a wealthy suburb. ECF,which stands for Economic Condition Factors are specific to locations,but the base rates and values are based in the program. They can also depreciate buildings to bring down value. There are different classes of houses that tie in to deprecation to some extent,but is also tied to construction type and other condition factors. Mineral rights,productivity of ag land,none of those things factor in.
Actual increases or decreases in land values are set every year based on sales within the township or if necessary,nearby townships,over an 18 month period that ended 6 months prior to the assessing year. It's complicated. There are manuals as thick as the Sears Christmas catalog that instruct assessors on this stuff,so there's no short simple answer to it. One thing that our instructions tell us in bold type and underlines is that it's "highly illegal" to assess an individual parcel based on what that parcel sold for. It's State EQUALIZED Value,based on averages of similar property.
Upload one or more videos to your post. Photo filesizes should be less than 300K and Videos, less than 2MB. Formats allowed are gif, jpg, png, ogg, mp4, mov, and avi. Be sure to use filenames without spaces or special characters, and filetypes of 3 digits lower case.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Some People Like Red - by Art Willis. I was smitten, as a little boy, by red tractors. I used to play in the coastal sand of my Dad & Mom's home with little red tractors, trucks and cars. I grew up believing that like fire trucks, ALL tractors are supposed to be red! Today, the only way I would drive a John Deere is if someone would paint it RED! Driving a Tractor for the first time - About 19 years ago, when my wife Donna and I moved to what was the country then, I was given access to a large Farmall tractor by a wi
... [Read Article]
Latest Ad:
For sale Farmall super A tractor is complete and has just been setting for awhile,it was running when pulled out of the barn,shouldn’t take to much to get it going asking 1100.00
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
