Wolf v. Board of Revision

It is well-established that the fair market value of property for tax purposes is a question of fact and its determination is primarily within the province of the taxing authorities. This court will not disturb a decision by the BTA regarding valuation unless that decision is unreasonable or unlawful. Bd. of Revision v. Fodor (1968), 15 Ohio St. 2d 52 [44 O.O.2d 30]. The question presented is, therefore, whether the valuation of the subject property by the BTA at $5,730,000 was unreasonable or unlawful. This court concludes that it was not.

First, appellants argue that the failure of the BTA…