Waukesha board of review hears appeal for commercial property assessment

During the recent Board of Review meeting in Waukesha, significant discussions centered around property assessments, particularly for Waukesha Hospitality, LLC. The board reviewed the assessment for a commercial property located at 2810 Gulf Road, Pewaukee, which has a total assessed value of $18,171,800. This figure includes land valued at $9,698,600 and improvements worth $8,000,439.

The board emphasized the legal framework guiding their decisions, stating that they must uphold the assessor's evaluation unless the taxpayer can provide compelling evidence to prove otherwise. The burden of proof lies with the taxpayer, who must demonstrate that the current assessed value is incorrect and present an alternative valuation supported by testimony and evidence.

This meeting highlighted the importance of transparency and accountability in property assessments, ensuring that taxpayers understand their rights and responsibilities in the appeal process. As the board continues to uphold these standards, property owners are encouraged to prepare thoroughly if they wish to contest their assessments in the future.