The southeastern Hall County property was a wannabe subdivision, with roads, curbs and gutter, underground utilities and streetlights all in place.But the recession hit, and the developer lost the land in a $1.2 million foreclosure to a bank that later failed. And then, at some point, the land was auctioned off at $55,000.It’s an example Hall County Chief Tax Appraiser Steve Watson likes to use in making its point about a hardship placed on county assessors.“Because of (state) Senate Bill 346, we’re required to use sales like this as fair market value, but in this particular case, I just don’t believe that’s fair market value,” he said.Georgia counties are required to have their appraisals meet the Standard on Assessment-Ratio Studies published by the International Association of Assessing Officers, which is critical “in determining whether appraisals on any one tax digest are at fair market and equitable,” Watson said in a recent report to state lawmakers.He is pushing for change at the state level. He told the lawmakers during a Dec. 13 breakfast sponsored by the Greater Hall Chamber of Commerce that “these measurements need to be recalibrated ... to take into account the significant change in the real estate market/economy and the change in Georgia state law.“It would be unfair to continue along this path without adjusting the standards we are judged by.”Every three years, Hall’s digest undergoes state scrutiny of assessments made on each class of property: residential, commercial, agricultural and industrial.In 2010, the state found three deficiencies “when they measured (values in) our tax digest against the sales,” Watson said.By next year, “we’re supposed to have those (issues) corrected in order to not be subject to any sort of fines or penalties,” he said.The problem is “the market is still in flux,” Watson said.