In Ohio, all of the following factors are considered by the County Auditor when determining the market value of residential property during a reappraisal EXCEPT:
Correct Answer
A) The owner's original purchase price regardless of when the property was bought
The County Auditor does not use the owner's original purchase price as a primary factor for reappraisal. Market value is determined by current factors including comparable sales, property characteristics, and market conditions. An old purchase price is generally irrelevant to current market value.
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