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County assessor says valuations average 92% of market; commission approves reduction for Winchester Avenue property

2219149 · February 4, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Berkeley County Assessor Larry Hess told the Board of Review and Equalization that the county’s 2025 sales-ratio report places assessed values at 92% of market on average. The board approved an assessor-initiated reduction for a commercial parcel at 739 Winchester Avenue (parcel 061735).

Berkeley County Assessor Larry Hess told the Board of Review and Equalization that the county’s 2025 sales‑ratio report shows assessed values average 92 percent of market value, and the board approved a recommended assessment reduction for a commercial parcel at 739 Winchester Avenue.

Hess said the state tax department’s sales‑ratio report — a routine annual comparison of local appraised values to market sales — used 2,520 valid sales from Berkeley County for the analysis. “We are at 92% and that means that on an average of all property in Berkeley County … all property is appraised within 8% of the fair…

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