Press Release | Office of the Mayor | Westland Property Values Are on the Rise

For Immediate Release | Official Press Release

PRESS RELEASE

OFFICE OF THE MAYOR

36300 Warren Road | Westland, Michigan | 48185

Office 734.467.3200 | Fax 734.422.1230

WWW.CITYOFWESTLAND.COM

Westland Property Values Are on the Rise

Westland, MI (February 28, 2019) - Recently, the 2019 Assessment Notices were mailed from the Department of Assessment to all property owners. This annual notice informs property tax payers of the change in assessed and taxable value of their property from the previous year to the current. The taxable value is applied to the various millage rates during the summer and winter tax collections to determine your overall tax bill. The assessed value is half of what the Department of Assessment determines to be the value of your property.

Taxable values for residential, commercial, and industrial properties are increased annually by the rate of inflation as determined by the Federal Government each year. The rate of inflation for use in determining the increase to taxable values for 2019 is 2.4%. If the property was purchased in 2018 or physical improvements were made to the property during 2018, the taxable value may increase more than 2.4%.

The average increase to residential property assessments for 2019 was 13%. This means the total value of all residential properties in the City of Westland increased by 13%. Each homeowner's change in value may vary from this overall change as each neighborhood is analyzed individually to determine the level of change within that particular neighborhood. Commercial properties received an average increase of 7.2% and industrial properties received an average increase of 7.0%.

"Rising property values and a hot real estate market are great indicators of the health of Westland's local economy," stated Mayor Bill Wild.

Questions about your assessment notice may be directed to the Department of Assessment at (734) 467-3160.

For more information, please call Mayor Wild's Office at (734)467-3200

Westland, Michigan is the state's 10th largest municipality, with a population of over 84,000 people who exhibit a great deal of pride in their All-American City. Westland has a thriving business community along with beautiful residential areas. The citizens enjoy a wide array of amenities and a quality of life that is second to none.

In 2014, Westland was rated as one of 24/7 Wall Street's America's Best 50 Cities to Live, offering residents and visitors an ideal blend of single-family affordable homes, apartments and condominiums, great schools, and access to numerous outdoor activities. Public safety is delivered by full-service, professional law enforcement and firefighting personnel. Westland Police Department, whose motto is protect and serve, provides emergency dispatch services to four cities and over 100,000 residents; the Westland Fire Department are licensed paramedics who responded to over 9,000 calls for service last year, about 85% being medical based. They never forget their mission of preserving life and property.

Westland is well-known as the premier destination for shopping and dining in Wayne County with hundreds of shops and restaurants anchored by the Westland Shopping Center, one of the country's original four regional malls.

Infinite opportunities are available in Westland for the recreation aficionado including, more than 40 parks and 1,500 acres of trails, a 9-hole golf course, hockey arena, athletic fields, playscapes, a Farmers and Artisans Market and more. One of Michigan's most environmentally friendly cities, Westland has a progressive curbside recycling program with one of the highest participation rates in the nation and the City is raising the bar for cultural experiences with the placement of public art throughout the City.

The City is served by two public school districts; Wayne-Westland Community Schools serving 12,000 youth was recently named one of the Best School in Michigan by WXYZ-TV and is the proud recipient of 14 Golden Apple and two Michigan Blue Ribbon Exemplary School Awards. Livonia Public Schools, educating nearly 15,000 students, is proud of their MEAP/MME scores that exceed state averages and the District has also earned Golden Apple and Michigan Blue Ribbon Exemplary School Awards.

The City provides competitive incentives for those who are interested in investing in Westland, making it one of the hottest investment markets in the region. Our Fast-Track to Business Team, which consists of key decision makers who work diligently on a development plan will "cut the red tape" and expedite the approval process for new business development.