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Docusign Envelope ID: E1E12D4B-C73D-4424-8A3B-CE4FB0113F17 Statement of Appeal: Request reduction in value based on comparable properties' value. Current Assessed Value $334,600 County Opinion $326,100 Time of Hearin 2:02 PM Appellant Opinion $302,100 County Representative Scott Zeman Board Decision $305,500 $268/SF Evidence submitted by the appellant: • (See two attached letters dated August 31, 2025, and October 15, 2025). • I am requesting a decrease in my property value of$334,600 downward to$302,100. This is determined using county information for similar properties within the same housing complex. My property is showing a per square foot value of$294. It is a one story, 2 bedroom with 1 bath unit with minimal improvements. • Four other units, all with considerable improvements, are shown with lesser per-square-foot values than the subject unit. The same four units have an additional one-half bath and are two- story units. In my opinion,the subject unit should have a value equal to or less than the lowest "better"unit. Evidence submitted by the county representative: • A site visit by an appraiser was performed on 10/16/2025. The appellant was at home and allowed access to the exterior of the property. The appraiser took exterior photos, and the appellant provided interior photos. • Appraiser observations and recommendations: • 1. GRADE: The residence has a grade of B-10 which is consistent with all townhomes in Forest Court.No change to grade is recommended. • 2. AGE: The residence was built in 1983 and has an effective year built of 1987. The appellant's evidence shows the subject property has had LVP flooring installed in the kitchen, foyer, and living room,but no other significant improvements. No change to the effective year built is recommended. • 3. CONDITION/DEPRECIATION: The residence is currently in Average condition. The subject property is unique in Forest Court in that it is the only one-story unit that is also an interior unit. All other one-story units are exterior units, and all other interior units are two stories. The county recommends adding a-5%Design Factor for the subject property being less marketable than the other one-story units. • 4. ANALYSIS OF SALES: The county reviewed the appellant's comparable sales: Units 401, 304, 105,404, and 204 Forest Court. The appellant's evidence shows that the subject property has had fewer upgrades than any of the comparables. Four of the comparables are two-story units while the subject is one story. Two-story residences receive a downward adjustment in their building value calculation, as they typically have lower market values than one-story residences with the same square footage. This explains why the subject property, a one-story unit, is valued higher on a per-square-foot basis than some of the two-story units despite being less updated. • After adding the-5%Design Factor, the subject property would be assessed at$286 per square foot. The median assessed value of the five comparables is$288 per square foot,keeping in mind that four of these comparables are two-story units. The only one-story comparable,401 Forest Court, is assessed at$334 per square foot. • With the-5%Design Factor,the county recommends a revised value of$326,100 for the subject property. 1. Front and rear photos.