Lot size skews home reap­praisals

The Columbus Dispatch - - Front Page - By Jim Weiker

Franklin County has no­ti­fied thou­sands of home­own­ers that the county’s re­cent reap­praisal over­val­ued their prop­er­ties, in part be­cause a com­puter model placed too much value on over­sized lots.

The model used by Tyler Tech­nolo­gies, the firm hired to revalue county prop­er­ties, ap­peared to as­sume that some lots were large enough to be split and sold as two, even when that was im­pos­si­ble, said Dave O’Neil, spokesman for the au­di­tor’s of­fice.

Deb­o­rah Rece-Mur­phy, a res­i­dent of the Obetz area, was among the own­ers of

3,660 prop­er­ties sent a cor­rec­tion.

She said she was shocked when she orig­i­nally saw that her home, on a 0.43-acre lot, had jumped in value from $108,000 to $160,500 even though a larger home di­rectly across the street, on a 0.2-acre lot, is val­ued at $102,600.

“I thought, ‘There’s just no way,’” she said.

She was re­lieved to get the cor­rec­tion no­tice — un­til she saw the new fig­ure: $152,000, which she be­lieves is still too high.

“I might not com­plain if it was $140,000 or so, but I know I couldn’t get that for the house.”

Many of the cor­rected es­ti­mates are in the Obetz and Grove City ar­eas. Among neigh­bor­hoods heav­ily af­fected are Hamil­ton Mead­ows, Wal­nut Heights and East Dar­byville.

The au­di­tor’s of­fice doesn’t be­lieve the model’s er­rors were widespread, but The Dis­patch found the same prob­lem in neigh­bor­hoods that re­ceived no ad­just­ment no­tices.

In the Wor­thing­ton

Es­tates neigh­bor­hood in Wor­thing­ton, for ex­am­ple, many homes on over­sized, pie-shaped lots saw val­ues rise from 50 to even 100 per­cent or more, while neigh­bor­ing homes on smaller lots saw bumps

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