Rupi Anand

The appellant appealed the property assessment of a five-acre parcel containing a banquet hall for the 2013-2016 taxation years.

The appellant argued that the banquet hall sat on only a half-acre and that the building cost should be based on an architect's pre-construction estimate for a shell building.

The respondent MPAC provided a valuation report using an Automated Cost System (ACS) and evidence of a 2012 sale of the full five-acre parcel.

The Assessment Review Board accepted MPAC's valuation, finding the appellant's cost estimates lacked particularity and failed to account for the high-quality finishes evident in the banquet hall.

The Board reduced the assessment to $8,433,000 in accordance with MPAC's recommendation.