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County trims assessment on newly built home after debate over percent-complete for November 1 valuation
Summary
Pennington County—s BOE adjusted the 2025 assessment for a new-build residence after commissioners questioned the assessor—s percent-complete estimate tied to the November 1 valuation date; the board set a lower 2025 structure value than the assessor's recommended figure.
The Pennington County Board of Equalization reduced the structure assessment on a newly built home after commissioners questioned whether assessment staff had applied the correct percent-complete for the property—s November 1 valuation date.
The homeowner, who testified he moved into the house only recently, said the property was not complete on the statutory assessment date and…
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