In SkyWalker’s first protest represented by Pinnacle, their experience could best be described as typical. The appraisal district increased the building’s assessment by 8% over the previous year, a ‘modest increase’ in today’s market. In prior years, after the ARB’s ruling set the value inside 2.4% of last year’s number, the property owner would not have gambled the guaranteed costs of litigation to pursue additional savings.
But this year was different. With Pinnacle’s evidence supporting a lower value, their contingent interest to obtain the lowest value possible, and their ability to keep up the fight, SkyWalker saw another $2.4 million slashed from their valuation.