Staff explains why some parcels saw land values rise while improvements fell
Board members asked why some property owners show increased land values but lower improvement values; staff said land had been undervalued and applying consistent land adjustments can reduce the relative improvement value even when overall assessed value rises.
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A board member asked why some residents saw their land value increase while improvement values decreased. Dean explained the sales-comparison method and said that, for some neighborhoods, land had been more undervalued historically and that making land values consistent can alter the improvement breakdown.
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