Presentation Title
Developing Rent, Expense Ratios, and Cap Rates in a Mass Appraisal Setting
Brief Session Description
A well-engineered mass appraisal model will simulate the forces of supply and demand over a large area. To determine the income and expense allowances that will drive these models, assessors must apply their judgement to large groups of properties. Our session will provide a methodology for developing market rents, expense ratios and overall capitalization rates in a mass appraisal setting.
Presentation Category
Real Property Valuation Agricultural, Commercial/Industrial and Residential
Audience Expertise
General Interest (Appropriate for all experience levels.)
Location
207-208
Start Date
9-9-2019 9:30 AM
End Date
9-9-2019 10:30 AM
Moderator Name
Ed VanderVries
Apendium Knowledge Area
Appraising Property
Developing Rent, Expense Ratios, and Cap Rates in a Mass Appraisal Setting
207-208
A well-engineered mass appraisal model will simulate the forces of supply and demand over a large area. To determine the income and expense allowances that will drive these models, assessors must apply their judgement to large groups of properties. Our session will provide a methodology for developing market rents, expense ratios and overall capitalization rates in a mass appraisal setting.
