General Policies Relating to Protests
Protestants have the responsibility of presenting relevant evidence as to why the assessed value of the protested property should be adjusted.
Examples of relevant information may include:
- Physical characteristics of the property.
- Market sales of similar properties in a similar area, or evidence of a recent "arms-length" sale of the protested property.
- An appraisal of the property by a credentialed real estate appraiser, if available.
- Costs of recent construction on the property that affects the value, or costs needed to update or change use, as applicable.
- Income, vacancy and expense data relating to commercial or investment property.
- Data showing different land uses or soil types. (Farmland Only)
- Discounted cash flow data for development land.
- Any other evidence or data that reflects the market value of the protested property.