Not necessarily. Regular home maintenance helps retain the market value of your property, but generally, your estimated market value will not increase for individual minor repairs such as:
- Replacing water heater
- Repairing or replacing roof
- Repairing porches or steps
- Repairing original siding
- Replacing plumbing or electrical fixtures
However, a combination of several of these items could result in an increase in your estimated market value. For questions, contact the Property Assessment team. Using the main line at 952-496-8115 is recommended.