Open data · CC-BY 4.0

Sedona, AZ cost segregation benchmarks (2026)

Engine-derived ROI data from 5 representative Sedona-area properties. Methodology transparent below. CC-BY 4.0, journalists, CPAs, and researchers may cite this dataset with attribution.

Three key findings for Sedona

  1. Median engine-estimated Year-1 federal savings: $66,993 (interquartile range $62,856–$87,050, full range $52,995–$116,566) across 5 representative fixtures with purchase prices $685,000–$1,485,000. Assumptions: 100% bonus depreciation under OBBBA; 37% federal top marginal bracket. Individual property results vary substantially based on specific condition, renovation history, and rental treatment.
  2. Median reclassification ratio: 26.3% (interquartile range 25.5%–26.6%, full range 17.7%–26.9%). Furnished STRs sit higher in the range due to FF&E density; long-term rentals sit lower; renovation-cost-pool-driven properties span both. Your specific property may fall outside this range either direction depending on actual condition and renovation history.
  3. Median land allocation: 21.6% (interquartile range 21.3%–22.3%, full range 21.2%–22.7%). Resort-tier and high-cost-of-land neighborhoods (where the engine's premium land floor often applies) compress depreciable basis as a percentage of purchase price, but produce larger absolute dollar deductions. See the methodology note below the neighborhood table for the premium-floor mechanism.

Important framing: These are engine outputs for representative fixture scenarios, not predictions about any specific property. The cost segregation engine takes real property data (address, year built, square footage, renovation history, assessor records) and produces a study tailored to your actual property. The aggregate numbers shown here describe the Sedona market's general profile; your specific results will reflect your specific property.

Per-fixture results

Each fixture was run through the Cost Seg Smart engine, the same engine that produces real customer studies. Numbers below are reproducible from cities/sedona.json via scripts/run_city_stats.py.

Property Neighborhood Price Basis Land % 5-yr 15-yr Reclass % Y1 fed savings @ 37%
Uptown Sedona Casita STR
SFR · STR · Built 2008
Uptown Sedona $1,185,000 $921,100 22.3% $171,136 $59,753 25.5% $87,050
West Sedona Family STR
SFR · STR · Built 2002
West Sedona $825,000 $646,635 21.6% $127,042 $39,157 26.3% $62,856
Village of Oak Creek Vacation Rental
SFR · STR · Built 2010
Village of Oak Creek (Yavapai County) $685,000 $539,095 21.3% $105,617 $34,780 26.6% $52,995
Chapel Area Luxury Casita
SFR · STR · Built 2014
Chapel area / Red Rock Loop Rd $1,485,000 $1,170,626 21.2% $235,748 $73,016 26.9% $116,566
Oak Creek Canyon LTR
SFR · Built 2006
Oak Creek Canyon (north of Sedona) $1,325,000 $1,024,225 22.7% $110,239 $70,823 17.7% $66,993

Reclassification by property type

Engine property typeFixturesMedian reclass %MinMax
SFR 5 26.3% 17.7% 26.9%

"STR" denotes residential property operating as a short-term rental, the engine applies an FF&E density uplift not captured in the LTR (long-term rental) treatment.

Typical land allocation by neighborhood

NeighborhoodTypical valueTypical land allocationProfile note
Uptown Sedona $1,185,000 ~32% Walkable resort-core sub-market near Sedona's primary commercial and tourism corridor. Higher land allocation due to walkability premium. Mix of resort condo and SFR. Active STR rental cadence.
West Sedona $825,000 ~26% Residential SFR-dominant sub-market west of Highway 89A. Lower land allocation than Uptown. Mix of LTR and STR. Most affordable Sedona-proper entry point.
Village of Oak Creek (Yavapai County) $685,000 ~24% Yavapai County jurisdiction south of Sedona proper. Lower entry pricing, lower land allocation. Mix of vacation rental and primary-residence stock. Lighter permit environment than City of Sedona.
Chapel area / Red Rock Loop Rd $1,485,000 ~36% Iconic red-rock-view residential market near Chapel of the Holy Cross. Highest land allocation in our Sedona fixtures, view-premium scarcity dominates basis. Luxury SFR and casita product.
Oak Creek Canyon (north of Sedona) $1,325,000 ~28% Forested mountain corridor along Oak Creek Canyon north of Sedona toward Flagstaff. Lower-density rural SFR. Mid-tier land allocation. Mix of vacation rental and primary residence.
Why per-fixture engine output may differ from the typical land allocation:

The "typical land allocation" column reflects baseline patterns for each sub-market based on county assessor records and statistical modeling. For specific properties where reconstruction cost (industry-standard 2026 component build-up adjusted for time and geography) exceeds 2.0× the implied depreciable basis after subtracting the baseline land, the engine applies a premium land floor (~50%) to keep the study within audit-defensible territory. This typically affects ultra-premium resort inventory (ski-in/ski-out, beachfront, view-premium properties), where land scarcity premium dominates the purchase price. The per-fixture table above shows the actual land_source used by the engine for each fixture, values of statistical_premium_floor indicate the premium-floor mechanism was applied.

The takeaway: typical neighborhood allocations describe the market baseline. Individual property results depend on specific reconstruction-cost-vs-purchase-price ratios, and ultra-premium product may show higher land allocation in the engine output than the neighborhood typical.

Arizona tax context

Arizona state position on §168(k) bonus depreciation:

Arizona partially decouples from federal §168(k). AZ historically required specific addbacks for federal bonus depreciation, with the addback amount recovered over the regular MACRS schedule for state purposes. For 2025+ acquisitions under OBBBA's 100% federal bonus, the practical effect is that a portion of the accelerated reclassification dollars hit an AZ-side timing mismatch, at AZ's flat 2.5% rate, the absolute dollar impact is small. Federal §168(k) at 100% is unaffected; only the AZ-side acceleration is partially deferred.

Decoupling: Arizona's bonus depreciation conformity has been modified multiple times. Verify current-year treatment with your CPA. The federal deduction is unaffected; only the AZ Schedule X reconciliation is the variable.

State income tax structure: Flat single rate after 2023 reform (previously progressive)

Verify with your CPA. State tax conformity for federal §168(k) is adjusted frequently. Framing reflects our understanding as of May 2026, verify current-year treatment with a qualified tax professional.

Methodology

Every figure on this page is reproducible. The pipeline:

  1. Fixture definition. 5 Sedona-area properties defined in cities/sedona.json under the engine_fixtures array, each with address, property type, purchase price, year built, square footage, and STR/LTR flag.
  2. Engine run. The script scripts/run_city_stats.py instantiates a PropertyInput for each fixture and calls engine.run_study(), the same path that produces a real customer study.
  3. Base costs. industry-standard 2026 construction-cost data by component category, applied as base-rate per square foot.
  4. Time index. BLS Producer Price Index (Construction Materials series WPUFD49207) adjusts industry-standard 2026 dollars to acquisition-date dollars.
  5. Geographic factor. Six-tier resolver: pinned metros → calibrated → manual → state → region → national default.
  6. Land allocation. County assessor records when reliability gate passes; statistical fallback (metro → state → national medians) otherwise. Premium floor applies when reconciliation factor (rf_raw) exceeds 2.0.
  7. MACRS classification. IRS Pub. 946 + Rev. Proc. 87-56 asset class lives, 5-year (personal property), 7-year (office equipment), 15-year (land improvements), 27.5-year (residential structure), 39-year (commercial structure).
  8. Bonus depreciation. 100%, the One Big Beautiful Bill Act (OBBBA, signed July 2025) permanently restored 100% bonus for property placed in service in 2025 and later.
  9. Federal tax savings illustration. Computed at the 37% top marginal bracket. Actual savings vary by taxpayer; consult your CPA.

For full methodology details including QC validation, reconciliation logic, and audit-defense documentation, see costsegsmart.com/methodology.

Citation

This dataset is licensed under the Creative Commons Attribution 4.0 International License. You may republish, remix, or extend this data for any purpose with attribution. Suggested citation format:

Cost Seg Smart Research Team. (2026). "Sedona, AZ Cost Segregation Benchmarks 2026." Cost Seg Smart. 5 representative fixtures.
Retrieved from https://sedonacostseg.com/data/sedona-cost-seg-stats/

For interview requests, additional data slices, or related questions: [email protected].

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