The discounting factor for condos in this area of the city is nil. There should be a discounting factor for this area of the city because there are discounting factors for more affluent areas of the city. Based upon actual MLS Listings for the operative period of time (that is 2012, 2013 and 2014) for non-balcony units in the Westside area of the city, the assessment is incorrect. For example, the average sales price for 2 bedroom Westside basement condos (apartment conversions), from 2010 to December, 2016 is $126,650.00. Exhibits Exhibit A.1 Notice of Appeal from Dean Mattison on behalf of Bryan Palawchuk to the Board of Revision, received March 8, 2017 Exhibit A.2: Appellant’s submission to the Board of Revision, received April 20, 2017. Exhibit A.3: Section 8 of the document supplied at the hearing, Received July 28, 2017. Exhibit R.1: Assessment Report by the City Assessor titled Condominium “Low-Rise Response,” received June 12, 2017. Exhibit C(R).1: CONFIDENTIAL DOCUMENT submitted by the City Assessor titled “Confidential Supplementary Notations As per agreement, by both parties, appeal numbers 148, 149 and 150 were heard by the Board of Revision Panel (Panel) concurrently. The Panel Chair stated this was a Simplified Appeal. The Appellant submitted additional documents at the opening of the appeal. This is a simplified appeal and as such the documents were accepted as per The City’s Act, which states: Simplified appeals 195(1) This section applies, at the option of the appellant, to an appeal concerning the assessment of: (a) a single family residential property regardless of the total assessment; or (b) any property that has a total assessment of $250,000 or less. (5) Section 200 does not apply to an appellant in an appeal to which this section applies 200(1) If an appellant intends to make use of any written materials on the hearing of an appeal, at least 20 days before the date set for the hearing the appellant shall: (a) file a copy of the materials with the secretary of the board of revision; and (b) serve a copy of the materials on every other party to the appeal.
The discounting factor for condos in this area of the city is nil. There should be a discounting factor for this area of the city because there are discounting factors for more affluent areas of the city. Based upon actual MLS Listings for the operative period of time (that is 2012, 2013 and 2014) for non-balcony units in the Westside area of the city, the assessment is incorrect. For example, the average sales price for 2 bedroom Westside basement condos (apartment conversions), from 2010 to December, 2016 is $126,650.00. Exhibits Exhibit A.1 Notice of Appeal from Dean Mattison on behalf of Bryan Palawchuk to the Board of Revision, received March 8, 2017 Exhibit A.2: Appellant’s submission to the Board of Revision, received April 20, 2017. Exhibit A.3: Section 8 of the document supplied at the hearing, Received July 28, 2017. Exhibit R.1: Assessment Report by the City Assessor titled “Low-Rise Condominium Response,” received June 12, 2017. Exhibit C(R).1: CONFIDENTIAL DOCUMENT submitted by the City Assessor titled “Confidential Supplementary Notations As per agreement, by both parties, appeal numbers 148, 149 and 150 were heard by the Board of Revision Panel (Panel) concurrently. The Panel Chair stated this was a Simplified Appeal. The Appellant submitted additional documents at the opening of the appeal. This is a simplified appeal and as such the documents were accepted as per The City’s Act, which states: Simplified appeals 195(1) This section applies, at the option of the appellant, to an appeal concerning the assessment of: (a) a single family residential property regardless of the total assessment; or (b) any property that has a total assessment of $250,000 or less. (5) Section 200 does not apply to an appellant in an appeal to which this section applies 200(1) If an appellant intends to make use of any written materials on the hearing of an appeal, at least 20 days before the date set for the hearing the appellant shall: (a) file a copy of the materials with the secretary of the board of revision; and (b) serve a copy of the materials on every other party to the appeal.
m_bor_072817.docx