Orange County NC Website
Browse       Search
177 <br /> Neighborhood Review Findings — Tanner <br /> Valuation Group <br /> Additional points identified by Tanner Valuation Group: <br /> • A county-wide calculated Standard Time Adjustments was used in the original statistical <br /> analysis, and TVG recommends that county-wide calculated time adjustments not be <br /> used because different parts of the county experienced growth at different rates. <br /> • Vacant sales should also be excluded from statistical analysis. Orange County <br /> experienced a substantial increase in vacant sales during 2021 and 2022. This could <br /> skew the data as most land sales would be on the lower end of the valuation scale and <br /> those property values may now include improvements resulting in significantly higher <br /> ratios. <br /> • Information related to the interior quality of the properties in identified neighborhoods <br /> was provided by the Coalition and would have otherwise been unavailable to the Tax <br /> Office. ORANGE COUNTY <br /> 8 NORTH CAROLINA <br />