Assessor: ratio study put Pushaw home value at $1,593,610

Teton County’s Board of Equalization is set to approve a written decision in the Robert and Patricia Pushaw Jr. valuation appeal that keeps the home portion of the assessment at $1,593,610, a figure the Assessor says is driven by a Wyoming Department of Revenue ratio study and market adjustments required by state rules. Pushaw appeal packet

In the draft findings, the Assessor says she had only four comparable homes, so the ratio study “imputed a larger home” to meet the Department of Revenue’s minimum sample size. The packet says the study produced a “4.40 market adjustment” needed for statistical compliance, and that adjustment helped set the $1.59M home value that commissioners will be asked to affirm in the final order.