Name:   John C - Subject:   LM Lot Pricing - In Depth Study Pt 1 Date:   3/26/2014 3:23:54 PM

I think allegedly the tax assessors use the sales comparison approach.  I say allegedly because the only person that knows is the person that sets the value.  If I were assessing hundreds of lots I will admit there would be a temptation to find some kind of shortcut. For me, the big question for assessors is not how they got the value, but what their value is. Unless they're way off, I don't advise fighting it. You have to get an appraisal, go through a long process, and people usually lose. It's hard to fight "city hall."