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Agenda - Council - 03/27/2018
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Agenda - Council - 03/27/2018
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3/17/2025 2:47:25 PM
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3/28/2018 12:18:45 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
03/27/2018
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Assessed Values of Owner -Occupied Housing Units <br />Values above and below $238,500 are shown in the figure below. $238,500 represents the affordable purchase <br />prize for a housing unit in 2015 for those at 80% of AMI. 2015 ANTI was $86,600 for a family of four in the <br />Minneapolis -Saint Paul -Bloomington Metropolitan Area. The median value for a home in Ramsey was <br />approximately $210,200 in 2016. <br />Table 8: <br />Assessed Value <br />Number <br />Percent of Total <br />Less than $50,000 <br />329 <br />4% <br />$50,000 - $99,999 <br />141 <br />2% <br />$100,000 - $149,999 <br />851 <br />11% <br />$150,000 - $199,999 <br />2,109 <br />28% <br />$200,000 - $299,999 <br />2,965 <br />39% <br />$300,000 - $499,999 <br />1,067 <br />14% <br />$500,000 - $999,999 <br />131 <br />2% <br />$1,000,000 or more <br />0 <br />- <br />Total Units: <br />7,593 <br />Median Value: <br />$210,200 <br />Source: ACS 2016 Estimates <br />Residential Total Market Values <br />KS100,COO <br />S100.000 - s175.000 <br />En 5175,000 - S219.500 <br />- S232,560 - S400.000 <br />>400.090 <br />City of Ramsey 2040 Comprehensive Plan Update <br />Housing Plan <br />Page 10 of 23 <br />
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