https://www.vlct.org/article/vermont-supreme-court-reaffirms-rule-sale-price-not-necessarily-conclusive-determining https://www.vlct.org/article/vermont-supreme

https://www.vlct.org/article/vermont-supreme-court-reaffirms-rule-sale-price-not-necessarily-conclusive-determining https://www.vlct.org/article/vermont-supreme-court-reaffirms... Vermont Supreme Court Reaffirms Rule that Sale Price Is Not Necessarily Conclusive in Determining Property’s Fair Market Value The appellant, Gabriel Martinez, purchased a single-family dwelling built in 2000 for $350,000 on May 5, 2017. The previous owner had purchased it for $252,000 five months earlier when its assessed value was $433,000. A 2017 town-wide reappraisal – which took place while the appellant’s purchase was pending – set the property’s grand list value at $483,400.