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Annual Commercial Real Estate Forum set for April 22

Annual Commercial Real Estate Forum set for April 22
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Polk County property assessments up 7 5% | NEWSRADIO 1040 WHO

By Sue Danielson Apr 1, 2021 (Polk County, IA) The average assessment for Polk County properties has risen an average of 7.5%. Assessor Randy Ripperger says the increase is largely based on a hot real estate market. Ripperger says Polk County home sales in 2020 were up 16-percent over 2019. He says sales were driven by low interest rates and a limited number of single family homes on the market. He says new construction represented 20-percent of all homes sold, noting there were 500 new homes sold in Polk County in 2020. The assessments are done every two years. Letters were sent out this week to property owners.

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