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

Appendium Knowledge Area

Appraising Property

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Sep 9th, 9:30 AM Sep 9th, 10:30 AM

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.