This article attempts to identify and address some of the relevant issues and factors involved in valuing trophy properties, particularly office buildings, for real estate tax assessment purposes.
Assessment reviews and appeals, Income approach to value, Replacement cost approach to value, Market approach to value
Fetzendanner, V. J. (2004). Challenges in representing 'trophy' properties in real estate tax assessment appeals: A tax practitioner's viewpoint. Journal of Property Tax Assessment & Administration, 1(1), 87-98. Retrieved from https://researchexchange.iaao.org/jptaa/vol1/iss1/5