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Refinements for the City of Lansing
k Average AssessmentSales Ratios of Residential Properties
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1961 A statistical 437 residential properties 483 properties 50 per cent 6.7 percentage points AGE OF BUILDINGS arithmetic means assessment level Assessment Sales Ratios Average Assessment Sales average assessment-sales ratio average deviation cent excluded cent for Meridian cent level Churchill Downs city of East city of Lansing Coeffi coefficient of dispersion commercial and income Construction Before 1910 Date of Physical dispersion are close dispersion are relatively five percentage points four taxing districts GREATER LANSING higher value properties hypothesis INSPECTION FOR ASSESSMENT Land contract levels of assessment limited number ment ment-sales ratios Middle 50 Middle 80 Northwest section properties and overassess PROPERTY VALUE Quadrant Ratio Sales Ratio ratio was found Ratios of Properties ratios was analyzed ratios were significantly REAL PROPERTIES RELATIONSHIP OF TAX relatively close Sales Ratio Sales Sales Value Classes sample of 483 sample of properties significantly different Southeast section statistical test showed TAX ASSESSED VALUATIONS Type of Financing