Assessors explain new-construction and commercial valuation: "we go by that"
County staff said new-construction values are derived from the county's cost schedule in its valuation software (Vanguard) rather than building-permit receipts, and reported limited commercial building-schedule changes after 11 commercial sales this year.
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Board members asked how the county handles new construction, additions and commercial valuations; assessment staff described relying on the county's valuation software rather than individual receipts.
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