Strathmore Local Assessment Review Board Decision
The Local Assessment Review Board addressed a tax assessment complaint regarding the valuation of a residential property. The hearing involved arguments from the complainant, who contended the assessment was too high compared to neighboring properties, and the respondent, who defended the assessment using the Local Market Modified Cost Approach and relevant market data. The Board evaluated the evidence, including comparisons with other properties in the Aspen neighbourhood, assessment-to-sales ratios, and the methodology used to calculate the assessment. Ultimately, the Board denied the complaint and confirmed the original tax assessment.