Brian Leggett

The appellants appealed the property assessment of a vacant commercial parcel of land in Kingston, Ontario, for the 2013-2016 taxation years.

The Municipal Property Assessment Corporation (MPAC) had assessed the property at $443,000 based on a January 1, 2012 valuation day.

The appellants presented expert appraisal evidence suggesting a value of $250,000 based on a direct comparison approach using price per acre.

The Assessment Review Board preferred the appellants' expert evidence, finding it provided a more detailed and site-specific understanding of the valuation issues compared to MPAC's frontage-based approach.

The Board reduced the assessment to $250,000 and found no basis for a further equity adjustment.