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Commissioners deny tax abatement petition for Granite Ridge lot after hearing comparable‑sales analysis
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Summary
After hearing assessor staff and the petitioner, the board denied a 2025 abatement request for Lot 137 in Mountain Village, concluding the assessor's comparable‑sales analysis supports a $3.75 million valuation for tax year 2025.
The Board of County Commissioners voted on April 1 to deny the petition for abatement filed by Epic Ridge Properties LLC challenging the 2025 valuation of Lot 137 on Granite Ridge in Mountain Village.
Assessor’s appraiser Erin Press presented the department’s market analysis using sales from July 1, 2022 to June 30, 2024 and said sale activity supported a valuation of $3,750,000. Petitioner Scott Bench argued the assessor’s packet lacked a full adjustment grid and that the assessor relied on sales that are not size‑equivalent, while pointing to the subject property’s April 6, 2022 sale at $1.7 million as direct evidence of lower value.
Staff explained the valuation method (site‑based valuation in Mountain Village) and noted the department used multiple comparables and applied time‑trend adjustments to reflect a rapidly rising market. Commissioners discussed the appropriate look‑back period, the effect of recent construction near the lot and the statistical approach; after deliberation the board found the assessor’s evidence persuasive and denied the abatement petition by motion, with the vote recorded as unanimous.
