Loading...
The Rural Voice, 2019-05, Page 60values for bare land based again on specific per acre values for Class 4 and Class 6 farmland. The resulting value for the property was checked for accuracy against the sales of four comparable properties in the neighbourhood – the same four comparables used in the assessment of the larger 165-acre and 160-acre parcels. Where MPAC’s assessment of current value is appealed, MPAC “must not only estimate a current value but must present evidence clarifying how that value was arrived at and why it is right.” In all three appeals, the ARB came to the same conclusion about MPAC’s valuation – “there is no clear path from the four selected comparable farm properties and the value given the Subject Property.”The ARB noted that: “There were different values given for different types of farmland, which is to be expected, but not when those values are inconsistent within the same soil classification without explanation.” The ARB also noted, in connection with the farm residential parcel, that the comparable sales involved much larger properties. MPAC had failed to prove on a balance of probabilities that its assessments of current value of the three properties were correct. Where MPAC has failed to provide adequate evidence, the ARB is then to analyze the evidence provided by the owner to see whether it is capable of providing a particular current value. However, as noted above, the appellant owner didn’t provide evidence that could support a specific value for any of his three properties. Where neither party in an assessment appeal provides adequate evidence of current value, the ARB fixes the assessment at the last uncontested assessed value. In these recent cases, the ARB applied the 2016 assessed values to taxation years 2017 and 2018.◊______________________________ John D. Goudy’s law practice includes real property and environmental litigation, expropriation law, energy regulation, and regulatory offences. Agrilaw provides information of interest to the farming community, not legal advice. Readers should consult a legal professional about their particular circumstances. 56 The Rural Voice Agrilaw Specializing in: ✩Plastic Tile Installation ✩ ✩Backhoe & Dozer Service ✩ ✩Septic System Installation ✩ For Quality, Experience, & Service, call: Wayne Cook 519-236-7390 A Name You Can Trust for all Your Drainage Solutions 73595 Goshen Line, Zurich, ON N0M 2T0 Teeswater 1-519-357-8967 To Book Your Auction Contact Ken 519-357-8967 Fully licensed & insured Check www.yokassippi.com for full listings and updates For Action Will Auction UPCOMING AUCTION SALES Two upcoming Sales on Wednesday, May 8 and Wednesday, May 15 at the Teeswater Agri Building/Curling Club starting at 4:00 p.m. Preview at 3:00 p.m. See our website for details www.yokassippi.com