How does a mass appraisal model value of my property?
AEach property in the county has a set of characteristics that are used by the model. Some examples are its location, living area square footage, basement square footage (finished and non), style, quality, garage square footage, lot features, etc. These variables may be reviewed on sold properties used in the model in order to estimate value of the properties. The model is then applied to both sold and unsold properties.
Related Questions
- Does the law require an appraisal of the Rispin Property, and what is a fair value to pay to the City for the Rispin Mansion?
- How Do I Find Out How My Property Appraiser Achieves Equity in Mass Appraisal of Tangible Personal Property?
- Are there ways of assessing a property’s value before ordering the appraisal?
