Assessment Services is responsible for estimating the market value and determining the classification of each piece of property (parcel) in Olmsted County for property tax purposes.

Valuations must meet the standards established by Minnesota Statutes and the Minnesota Department of Revenue. This office: appraises all property at actual market value, determines the current classification/use of the property, informs property owners of their estimated value, conducts public meetings to discuss those values, applies appropriate classification rates, and compiles taxable values for each taxing authority.