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Homeowner disputes use of 2024 remodel sales in neighborhood revaluation; board to rule May 1
Summary
A homeowner argued that two 2024 remodeled sales in his neighborhood are not comparable to his older, unremodeled house and should not drive a large reassessment increase. The assessor said remodels in 2024 changed neighborhood market metrics; the board deferred a decision to May 1.
A homeowner who bought his house in 2019 asked the Oklahoma County Board of Equalization to reconsider a large increase in his home's assessed fair-market value, arguing that newly remodeled sales in 2024 are not comparable to his older, unremodeled house.
Jim Nelson told the board that some comparables used by the assessor were remodeled properties and one…
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