Communicate Comparison Tool
Once a comparison tool has been drafted by @erhlango, (See #97 (closed) and #98 (closed)) we will need to be able to explain how it works to taxpayers. In particular, we will need to be able to address a few types of situations at least:
A taxpayer has submitted a handful of cherry-picked comparables to argue for a lower valuation.
- How do we decide whether these comparables comprise a valid case for a value reduction?
- How do we decide and communicate whether any of these comparables are invalid?
- Suppose the estimate from the set of comparables differs significantly from the estimate provided by the model. Which dominates?
- If the comps estimate dominates, should we bake that rule directly into first-pass?
@Tatiacg, can you provide additional context to this issue?