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Board affirms assessor's valuation for townhouse appeal
Summary
The Board of Equalization affirmed the assessor's valuation for a townhouse (application 61, Property ID 55280), finding the assessor's comparables and grade conclusions supported the assessed value of $441,100.
The Albemarle County Board of Equalization reviewed application number 61 (a townhouse, Property ID 55280) on July 13 and voted to affirm the assessor's valuation.
Assessor staff told the board the neighborhood modeling supported the current grade and value, noting the subject is an end-unit in a townhouse neighborhood and that the board typically distinguishes interior from exterior units when choosing comparables. ‘‘This is a pretty straightforward assessment,’’ the assessor's representative said, summarizing the department's position that the mass-appraisal model and local comparables supported the figure.
Board members asked about common-area issues and drainage; staff said homeowners associations generally address common-area maintenance and that drainage concerns, if affecting the specific parcel's land value, would be reflected in a land adjustment. After deliberation the board moved to affirm the assessor's value for application 61. The motion passed unanimously.
