Property Assessment
Property Valuation News
For the 2025-2026 property valuation cycle, all real property is valued as of January 1, 2024. Montana law specifically requires that all real property be valued on the same day every two years so that tax burdens are equally distributed among all taxpayers across the state. 15-7-111, MCA.
State law requires the department to value real and personal property at 100% of its market value, which is the value at which property would change hands between a willing buyer and willing seller, neither being under any compulsion to buy or to sell and both having reasonable knowledge of relevant facts. 15-8-111, MCA. Agricultural and forest land are valued on the productive capacity per acre. 15-7-201, MCA and 15-44-103, MCA.
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