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Real estate valuations out this weekend

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SIOUX FALLS, S.D. (KELO AM) - The Minnehaha County Director of Equalization says total property valuation is $12.7 billion dollars.

Kyle Helseth says over 1,100 new homes were built in Minnehaha county last year.  He says new growth last year totaled $318 million dollars last year.  He say $150 million dollars came in commercial valuations.

Helseth says there are 620,000 agriculture acres in Minnehaha County.  By state law the county raises the value of ag land by over $100 million dollars.               

Helseth says notice of valuations will be in mailboxes this weekend.

County Boards of Equalization will open Tuesday, April 8th

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