How do I calculate the equalized assessment of my property?

To determine the equalized assessment, divide your assessed value by the equalization ratio. For example: say your property is assessed at $200,000 and using Antrim’s 2006 equalization ratio (2006) of 84.2%:  $200,000 ÷ .842 = $237,530. This would be the equalized assessment or the approximate market value of your property in 2006.