Detroit Business Daily

How much are the property taxes in Detroit Michigan?

I have been considering buying a house in Detroit Michigan because the prices of houses are so low over there right now. I've been looking at the cheap 1,000 dollar homes and was wandering how much the property taxes are on these homes.

Public Comments

1. The State of Michigan has a property tax estimator (based on 2008 values) http://www.michigan.gov/taxes/0,1607,7-238-43535_43540---,00.html Do not expect to pay taxes on your thousand dollar purchase price. You will need to prove that the property is worth less and that's during March of each year. It is possible that your taxes will be higher than shown if the home was homestead and this will not be your primary residence.