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New value allocation approach applied to Kaua’i condominiums
LĪHU‘E, HI - April 07, 2009 - (RealEstateRama) — County officials announced that a new value allocation approach is now being applied to Kaua'i condominiums and resort-zoned properties. After conducting site visits to all condominium properties on the island, the real property assessment office determined that the allocation of values between building and land for these properties needed to take into account differences in view plains and location within each project to better mirror their market values