Dept. of Revenue: Equalized Values Report shows strong increase

Wisconsin's Real Estate Market Grew by 14 Percent
The Wisconsin Department of Revenue (DOR) released its annual Equalized Values Report. The report shows Wisconsin’s total statewide equalized property value as of January 1, 2022, was $745 billion, a 14% increase over the prior year, which is the largest increase since 1979. Growth occurred in all property classes and was led by residential and commercial property. Equalized values are based on data from January 1, 2021, to December 31, 2021.
Report highlights:

Change in equalized value = $90.6 billion, a 14% increase from 2021

o   $77.3 bill...

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