top of page
  • Black Facebook Icon

ASSESSING STUDIES

Land value studies are used to determine the land value for the following year. These studies are used to determine if land values for a class or residential neighborhood need to be increased or decreased.

ECF (economic condition factor) studies adjust the assessor's use of the state-mandated cost manual to the local market. EFC compares sales against current values to determine an increase or decrease in value.

Math Exercises
Math Notebook and Calculator
Connect with us

Phone:  906-569-3291
Fax:  906-569-3772

32686 W. H40
PO Box 215
Trout Lake, MI  49793

© 2024 by Trout Lake Township

bottom of page