Valuation approaches, Comparable sales adjustments, Assessment ratios
Real estate markets have been prosperous in recent years, particularly in the western states. Increasing price levels raise challenges for assessment administrators, but also bring opportunities for effectively using maker-based appraisal techniques, improving equity, and increasing the credibility of property tax administration. This paper summarizes these challenges and opportunities.
This paper was presented at the Annual Conference of Western States Association of Tax Administrators, September 1995.
"First Person: Effective appraisal in hot real estate markets,"
Assessment Journal: Vol. 2
, Article 2.
Available at: https://researchexchange.iaao.org/assessment_journal/vol2/iss6/2