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Property assessments are arriving in Milwaukee mailboxes, and values across the city are going up. Citywide, values increased 17.4% from 2023 to 2024, according to the Assessor's Office .
Why did Milwaukee property assessments increase so much in 2024? Nicole Larsen: A couple of reasons. In 2023 we had a "maintenance" year, which meant we carried the values from 2022 forward to 2023.
The Appraisal Institute (AI), headquartered in Chicago, Illinois, is an international association of professional real estate appraisers. [1] It was founded in January 1991 when the American Institute of Real Estate Appraisers (AIREA) and the Society of Residential Appraisers merged. The AIREA and the Society were respectively founded in 1932 ...
A Uniform Residential Appraisal Report or URAR is one of the most common forms used in United States real estate appraisals. It was created to allow for standard reporting and analysis of single-family dwellings or single-family dwellings with an "accessory unit".
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Landmark on the Lake is a high-rise residential condominium building on Prospect Avenue on the East Side of Milwaukee. Construction of the building began in 1989 and was completed in 1991. [1] The building contains 275 condominiums on 27 floors. Landmark on the Lake is one of several large residential buildings on Prospect Avenue in Milwaukee.