The appeals will take place at 5420 Corporate Boulevard, Suite 107, Baton Rouge, LA 70808. Click here for the full agenda.
The appeals will also be streamed online here.
Members of the Assessor’s Office Appraisal Unit examined properties in the French Quarter in 2011 and 2012 for revaluation. Recognized approaches to land valuation were employed in developing the final land rate for the French Quarter, including:
- The Historical Trend, which set the land value rate at approximately $180.00/SF.
- The Comparable Area Method, which set a median price per sqft of $94.84/SF.
- The Allocation Method of land valuation, which yielded an average land value of $265/SF.
- The Abstraction Method, which yielded a land value between $179.36/SF and $220/SF.
Download the Assessor's full report here.