Mr. Huzan

The appellant appealed the 2015 and 2016 property tax assessments for a vacant, landlocked five-acre parcel in Thunder Bay, assessed at $7,200.

The appellant argued the assessment was too high based on comparable sales and severe land use planning restrictions that prevented development.

The Assessment Review Board reviewed the comparable properties submitted by both parties and found that the respondent's comparable sale of a similarly restricted five-acre property for $7,700 was the best indicator of value.

The Board confirmed the assessment at $7,200, finding it reasonable and equitable.