Willow Hill Grain, Inc. v. Property Tax Appeal Board

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• grain facility, though unique, had comparable sales comparisons and thus, “reliance on the replacement cost method of valuation in the instant case was error”
• appraisers for appellee and appellant sought to \check\ replacement cost approach valuation \with that of actual sales transacted in the marketplace\
• appraisers for appellee and appellant sought to \check\ replacement cost approach valuation \with that of actual sales transacted in the marketplace\
• appraisers for appellee and appellant sought to “check” replacement cost approach valuation “with that of actual sales transacted in the marketplace”
• replacement cost method should be used “only when there is no actual or potential market for the property in question, and even then it should be only one factor in the valuation process and not the sole, conclusive method of valuation”
• sales comparison approach interchangeable with market approach

Source: CourtListener parenthetical corpus (CC0).