Have you used at least one of the accepted methods for valuing your commercial property? | Property Assessment Appeal Board

Have you used at least one of the accepted methods for valuing your commercial property?

Income Approach
Direct Comparison Approach
Cost Approach

Instructions:

For assistance, see the Commercial Property Guide
The cost approach is usually not used for income producing properties. The value is based on the income the property generates.

Yes

No

The Board must make a decision on your appeal based on the best evidence.
If you do not follow an accepted appraisal method, you probably will not succeed. Ask yourself: Is it worth my time and expense to continue with the appeal?

You are finished evaluating this issue.

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