Wennar v. Town of Georgia

Taxpayer appeals from a decision of the Franklin Superior Court setting the 1990 assessed valuation of two lots with frontage on Lake Champlain in the Town of Georgia, as well as frontage *633on Georgia Shore Road, a public highway. One of the lots includes the taxpayer’s residence. We affirm.

Motion for reargument denied March 17, 1994.

The first issue relates to the appraisal of the taxpayer’s residence. The town bases house valuations on 1980 construction cost figures updated by a time-location factor, which was set at 1.8 for lakefront property. Taxpayer argues that the town’s adjustment factor…