Valuation Notices for 2023 Assessment

The 2023 City of Eden Prairie property assessment has been finalized and reviewed by the Hennepin County Assessor. The process of mailing individual valuation notices to approximately 22,000 property owners began this week. These values were estimated as of Jan. 2, 2023, and will be used in calculating property taxes payable in 2024. The notice informs property owners of their classification, estimated market value (EMV), homestead exclusion, taxable market value and new improvement value. It also informs them of appeal options, including dates and times of the Local and County Board of Appeal and Equalization meetings.

The total 2023 EMV for the City of Eden Prairie is approximately $14.37-billion. This includes new construction values of $131-million, and represents a 6.6% increase compared with the 2022 total EMV of $13.48-billion.

Annual change to existing properties compared with 2022 assessed values:

Residential (excluding new construction of $31.8-million)

• Single Family Detached: +5.6%
• Townhomes: +4.1%
• Condominiums: +4.8%

Commercial and Industrial (excluding new construction of $27.7-million)

• Commercial: +4.1%
• Industrial: +21.3%
• Commercial and Industrial: +10.5%

Multi-Family (excluding new construction of $71.6-million)

• Multi-Family: +5.2%

The 2023 value and classification can be appealed informally to Assessing Division staff upon receipt of the valuation notice. Property owners may also appear before the Local Board of Appeal and Equalization at 7 p.m. April 5 at the City Center. To assist the Board in preparing a meeting agenda, property owners are asked to complete an application on or before Monday, March 27.

Start Electrifying Your Home

You can make your home more climate-friendly by replacing gas-powered appliances with electric options. ElectrifyEverythingMN.org offers tips for transitioning to electric water heating, cooking, drying clothes, and home heating and cooling. Get step-by-step guidance along with technical and financial resources to consider.

Emerald Ash Borer Update

Between the months of July and February, Parks Maintenance staff removed 717 ash trees. This is the highest number of trees removed in one year since emerald ash borer was detected in Eden Prairie. In addition to removing trees, in 2022 we treated 446 and planted 461 new trees as a part of the response plan. Visit edenprairie.org/EAB for additional information.

New Business Resource Program

Hennepin County has launched a new resource program designed to connect local businesses and entrepreneurs with expertise, capital and resources. Elevate Hennepin^SM allows new and existing businesses to utilize free resources to establish their footing, map out next steps and identify growth opportunities. The program provides services at no cost, including

• Expert consulting in essential business areas, including legal, marketing, strategic planning and operations
• Opportunities to network, connect and grow
• A directory for business owners to find county, state and federal resources, such as grants and lending opportunities

The City's participation in Elevate Hennepin^SM provides businesses with services to help them succeed, which in turn supports a broader strategy of promoting economic development, creating and retaining jobs, and cultivating entrepreneurs. Learn more at ElevateHennepin.org.

Annual Ice Show

Join the Eden Prairie Figure Skating Club March 11 and 12 at the Community Center as they present their Annual Ice Show: Encanto — The Family Adventure on Ice. This show celebrates the spirit and music from the Disney movie "Encanto" with group numbers and solo performances. Tickets can be purchased at the Community Center.

February Construction News Report [PDF]

Project Profile [PDF]

Events Calendar