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Agenda - Planning Commission - 05/03/2018
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Agenda - Planning Commission - 05/03/2018
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3/21/2025 10:30:54 AM
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5/3/2018 10:58:47 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Planning Commission
Document Date
05/03/2018
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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 Number <br />Less than $50,000 329 <br />$50,000 - $99,999 141 <br />$100,000 - $149,999 851 <br />$150,000 - $199,999 2,109 <br />$200,000 - $299,999 2,965 <br />$300,000 - $499,999 1,067 <br />$500,000 - $999,999 131 <br />$1,000,000 or more 0 <br />Total Units: 7,593 <br />Median Value: _$210,200 <br />Source: ACS 2016 Estimates <br />Residential Total Market Values <br />S1 a,7,ODD <br />S10o,000 - S/75.000 <br />S175 000 - S232.500 <br />- S235,500 - S40o,o00 <br />Aft - <br />Percent of Total <br />4% <br />TA) <br />11% <br />28% <br />39% <br />14% <br />2% <br />City of Ramsey 2040 Comprehensive Plan Update <br />Housing Plan <br />Page 10 of 23 <br />
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