Bismarck, N.D. – According to the city officials, North Dakota Century Code requires that notices of increases be mailed to property owners with a property value increase of $3,000 and 10% or more of the prior year’s assessed value.
City officials also announced that the North Dakota Century Code also requires all property to be valued annually based on market values.
Property valuations are annually adjusted based on prior year sales of comparable properties in the City.
Other reasons for an adjustment may include properties with a new structure, remodel, structure addition, situations involving the expiration of an exemption, or any combination thereof.
Property owners who have questions can contact the City of Bismarck Assessing Division at 701-355-1630 prior to that meeting in April with questions or to initiate a review of the property valuation.
After the Assessing Division’s review, property owners that want to appeal the valuation may do so to the City of Bismarck Board of Equalization on April 4 at 5:15 p.m. at City/County Building, 221 N 5th St., in the Tom Baker meeting room.
If the appeal is denied by the City of Bismarck’s Board of Equalization, citizens may also appeal their values with the Burleigh County Board of Equalization that meets on June 5, 2023.
