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Ducati Milwaukee
Fighting for fair market value — and winning
Ducati Milwaukee suspected its assessed property value exceeded fair market value — but it didn’t have the time, resources or expertise to successfully win an appeal. Wipfli did.
The Challenge
Ducati Milwaukee believed it was overpaying taxes due to an inflated property value assessment. It sought a property tax reduction but lost the appeal. The dealership staff didn’t have the time, resources or expertise to win the case. Ducati Milwaukee didn’t give up. It enlisted Wipfli — a firm with deep experience in commercial real estate, appraisals and valuation — to review its case and pursue an appeal.
The Solution
During the engagement, Wipfli:
- Conducted onsite fieldwork and reviewed comparable properties to assess the property value.
- Performed an appraisal-level analysis of the property and verified details and numbers so they would stand up to an assessment challenge.
- Strategized how to present the evidence and argument on behalf of Ducati Milwaukee.
- Disputed inaccuracies and provided data to clarify misconceptions.
- Leveraged negotiating skills to gain consensus on the appraised value.
We are pleased with the successful outcome of our tax engagement with Wipfli. We have highly recommended their services to others.
The results
As a result of Wipfli’s analysis, Ducati Milwaukee received a 25% reduction in its assessed market value, leading to a 25% annual tax reduction. With significant savings, Ducati Milwaukee is reinvesting in the business and finding new ways to provide exceptional personal service.
