How are appraisal values calculated?
Appraisal value is based on these key factors:
- A property's use (such as home, business, vacant land, etc.)
- A property's characteristics
- Location
- Square Footage (total living area)
- Age (year of construction)
- Quality of Construction
- Amenities (such as bathroom count, garage, carport, vaulted ceilings, etc.)
- Current market conditions
To determine the fair market value of a property, our office:
- Visually inspects properties to ensure that the Assessor's records reflect actual characteristics.
- Reviews and verifies market sales, cost and income data according to accepted appraisal practices.
- Completes market analyses using the CAMA (Computer-Assisted Mass Appraisal) system, comparing properties of similar size, age, location, and description.
- Establishes appraisal values that reflect current market conditions.
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