Brent Williams

The appellant appealed the MPAC assessment of their seasonal waterfront property on Lake Eugenia for the 2013 and 2014 taxation years.

MPAC assessed the property at $783,000, while the appellant argued for a value of $646,000.

As a preliminary matter, the Board qualified MPAC's property valuation analyst as an expert witness over the appellant's objection.

The Board accepted MPAC's direct comparison approach and found the current value to be $783,000.

However, applying the median assessment-to-sales ratio of the comparable properties to ensure equity with similar lands in the vicinity, the Board reduced the assessment to $689,000.