Andrew Jasek

The appellant appealed the property assessment for a mixed-use property for the 2017-2021 taxation years.

The Board first determined the current value of the property to be $286,000 using the cost approach.

The Board then considered whether an equitable reduction was warranted due to severe storm water flooding and water damage that negatively impacted the property compared to similar lands in the vicinity.

Finding that the property was inferior to comparable properties due to these issues, the Board granted an equitable reduction, lowering the assessed value to $127,000.