In a recent government meeting, a homeowner presented an appeal regarding the assessed value of their property, arguing that it is unfairly high compared to comparable homes in the Hazelwood Village subdivision. The homeowner cited a Redfin report indicating a 13.3% increase in housing prices in the area over the past year, while noting a decrease in the number of homes sold, suggesting market fluctuations.

The homeowner's property was purchased for $540,000 in August 2022, but the current assessed value stands at $490,400—$50,000 less than the purchase price. The appellant argued that the assessed value should be adjusted to approximately $420,000, based on comparable sales in the neighborhood, which range from $404,000 to $437,000.

Stephanie Davenport, a residential appraiser from the Ada County assessor's office, defended the current assessment, stating that it reflects a 3.77% increase consistent with the neighborhood's trends. Davenport presented three comparable sales that support the assessed value, with adjusted prices ranging from $494,600 to $503,000. She noted that the appellant's home is the only one among the comparables that suggests it has been upgraded.

The discussion highlighted discrepancies between the homeowner's and the assessor's choice of comparable properties, with the homeowner claiming that the assessor's comparables were of superior quality. Davenport clarified that her selections were based on size and age, and that the appellant's comparables were not valid for the current assessment period.

The meeting concluded with the homeowner reiterating their concerns about the assessed value being significantly higher than those of comparable homes, leaving the board to consider the evidence presented before making a decision.