Louis (Lewis) Smet challenged a large assessment increase, arguing condition and limited renovations did not support the assessor's figure; the assessor countered with sale and comparative adjustments (including a recent flip), and the board sustained the assessor's value.

Pacific Appraisers is a California based, full service real estate appraisal firm providing appraisal and consulting services on a wide spectrum of commercial and residential property types.

Committee sets adjusted valuation for property after considering appraisal and market conditions

Assessment Board establishes values for multiple Frontier City properties facing occupancy issues

That’s a great question — and the short answer is for many real estate investors, comparables (“comps”) and appraisals are likely to be more difficult and more uncertain in 2026 than in a “normal” rea...

The Union County Board cut the assessed value of Village Square Apartments from the countys $16,015,150 to $15,000,000 after hearing competing income-based valuations. The owners appraiser presented a lower income-capitalization analysis; county staff defended their loaded cap-rate model and local sale comparables.

The board discusses property valuations influenced by a nearby wastewater treatment plant.

The Mantova unit offers 2 bedrooms and a $10,000 HVAC system.

Panelists challenge property valuation methods, focusing on Nash Street sale anomalies and comps.

At a contested hearing over the 312‑unit Avery at Moorpark, the applicant’s agent presented a third‑party appraisal arguing market cap rates rose since the 2022 purchase, lowering value; the assessor requested time to review additional comps, and the board continued the matter to July 20, 2026.

At a Nov. 17 Ventura County Assessment Appeals Board hearing, the buyer and seller testified about the Sept. 15, 2021 transfer of the 645 Laguna Road greenhouse. Applicant appraiser Ben Slaughter concluded a $99 million value; Glasshouse CFO and witnesses described conversion plans, an $87.3M retrofit estimate and separate share‑based payments to an option holder. The board continued the hearing to Dec. 15 with a data deadline.