Orange County NC Website
11 <br /> 1 Slide #10 <br /> Neighborhood Review Recommendations — Tanner <br /> Valuation Group <br /> Orange County has some "unique neighborhoods" with situations very few <br /> other counties have. For example, there are neighborhoods that have all of <br /> these types of properties: <br /> • owner occupied <br /> • business owned student rentals <br /> • very poor condition with deferred maintenance <br /> • extensively renovated <br /> • properties with obvious signs of gentrification. <br /> Additional time should be spent on these unique neighborhoods for the next <br /> revaluation. <br /> �1 <br /> ORANGE COUNTY <br /> 10 NORTH CAROLINA <br /> 2 <br /> 3 <br /> 4 Slide #11 <br /> Neighborhood Review Statistics <br /> Current calculation of the primary statistical measures based on the 2023 and <br /> 2024 sales as recommended by TVG are listed below. <br /> Only Reviewed Neighborhoods Current Acceptable Range <br /> Median 0.994 .9 to 1.1 <br /> COD 7.059 5.0 to 15.0 <br /> PRO 1.02 .98 to 1.03 <br /> Only Neighborhoods with Changes <br /> Median 0.984 .9 to 1.1 <br /> COD 8.041 5.0 to 15.0 <br /> PRO 1.019 .98 to 1.03 <br /> County Wide,All Neighborhoods <br /> Median 0.999 .9 to 1.1 <br /> COD 5.785 5.0 to 15.0 <br /> PRO 1.014 .98 to 1.03 � <br /> ORANGE COUNTY <br /> 11 NORTH CAROLINA <br /> 5 <br /> 6 <br /> 7 <br />