In mass appraisal the quality and accuracy of assessed values in relation to the reality of the market as expressed by arm’s length sales requires close attention. Appraisal level and appraisal uniformity are two test that are relied upon by assessment jurisdictions to measure the effectiveness of their results. This webinar will take a closer look at assessment to sale ratios, measures of central tendencies and graphic analysis assessors and modelers use to better understand and measure the accuracy of predicted values. The webinar will also look at appraisal uniformity testing within grouping and between groupings, horizontal and vertical equity, how to read various statistical measures and other measures and tools to help in the overall ratio review.
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Time adjustments are an important part of the valuator’s toolbox. An accurately calculated time curve enables older sales to be brought into the analysis and also serve as a measure of quality after the proposed values are generated.
This webinar will describe the various methods of predicting time adjustments and their several applications.
More information to follow
September 13 - 15, 2022
This two and a half day Workshop will cover the latest property tax issues and trends companies are dealing with in 2022 and will deal with in the future – including an in-depth review of the latest developments in property tax legislation and litigation throughout the U.S. Presenters will be leading experts in the property tax field. Only employees of COST member and non-COST member companies are invited to attend.
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