Or. Admin. R. 150-308-0430

Current through Register Vol. 63, No. 6, June 1, 2024

Section 150-308-0430 - Valuation of New Construction

New construction including additions, remodeling, and rehabilitation, not in the current reappraisal area, shall be valued using the same appraisal data used for the building classes in that area when last appraised. The resulting value for new construction shall then be adjusted from the base appraisal year in the same manner as similarly classed improvements in the area.

Or. Admin. R. 150-308-0430

1-54; 11-59; 1-66; 3-70; RD 9-1989, f. 12-18-89, cert. ef. 12-31-89; RD 8-1992, f. 12-29-92, cert. ef. 12-31-92; Renumbered from 150-308.275(1), REV 56-2016, f. 8-13-16, cert. ef. 9/1/2016

Stat. Auth.: ORS 305.100

Stats. Implemented: ORS 308.275