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Wayzata Local Board of Appeal and Equalization - April 7, 2026

Wayzata City CouncilWednesday, April 8, 2026
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Board of Appeal and Equalization purpose and process

Commercial and residential property assessment report for 2026

Appeals process for property valuation

Review of specific property valuation appeals

Decision on remaining appeal status and meeting adjournment

Full Document Analysis

Votes (3)

Approve assessor recommendation for 433 Bushaway Road

Passed5-0

Moved by Unspecified Member · Seconded by Unspecified Member

Affirm assessor recommendation for 353 Ferndale Road South

Passed5-0

Moved by Unspecified Member · Seconded by Unspecified Member

Adjourn meeting

PassedUnanimous

Moved by Unspecified Member · Seconded by Mr. Plunkett

Notable Quotes (2)

Our assessments are based on commercial rents, vacancy rates, and cap rates. We don't consider the lease fee simple.

— Melody Divine
Assessment MethodologyResponding to questions about appraisal methods.

As they age... the market's acceptance to the floor plan... it's going to experience some a little bit of resistance.

— Josh Whitney
Property DepreciationJustifying a lower building valuation for an older home.

People (6)

MolinMayor

Presiding over the Board of Appeal and Equalization meeting.

YeagerCity Manager

Outlined assessment process and property tax basics.

1 quote

“The primary source of funding for local governments is property taxes.”

Explaining the importance of assessment accuracy.

Melody DivineCommercial Appraiser

Presented commercial assessment data for Wayzata.

1 quote

“The commercial properties were relatively flat over the past year.”

Describing the commercial assessment status.

Josh WhitneyResidential Appraiser

Presented residential growth numbers and appeal status.

1 quote

“Single-family total growth was 1.5%.”

Reporting on residential property value trends.

Mike SmidAssessing Supervisor

Providing technical oversight for assessments.

Thomas HanlonProperty Owner

Owner of 670 Hillside, filed a late appeal.

Places Mentioned

433 Bushaway Road, Wayzata353 Ferndale Road South, Wayzata670 Hillside, WayzataHighcroft neighborhood

Events & Meetings (2)

  • April 7th, 2026 - Local Board of Appeal and Equalization meeting
  • April 23rd, 2026 - Potential reconvene date (rejected)
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