LAKESHORE LAND VALUATION
The value of lakeshore land in Dickinson County can be calculated by using Lakeshore Value Maps provided by the Assessor. (SEE LINKS BELOW) In 2006 and 2010 the Association obtained lakeshore per-foot valuations from the County Assessor for the major lakes of the Iowa Great Lakes chain of lakes. The lakeshore values on these older maps has become out-of-date.
Recently we obtained the current per lakeshore per foot value maps. The updated 2020 maps may not have the per foot value in exactly the right spot, but they should help your understand of how lakeshore value is determined by the Assessor.
A Depth Chart provides the depth factor that shows how the depth of your lot compares to a standard lot depth of 150-feet. Example: A lot that is 200-feet deep would have a 1.09 Depth Factor.
Then use this formula:
VALUE PER FRONT FOOT X NUMBER OF FRONT FEET X DEPTH FACTOR = ASSESSED VALUE