Presentation Category
04 APPRAISING PROPERTY
Session Description
Now more than ever assessors are faced with public perception of declining commercial property valuations due to the pandemic. Quantifying value loss for commercial property assessments has proven to be challenging across the United States. Necessary valuation data exists and can be utilized to create a data-driven, objective, and representative “value loss index” to quantify value loss (if any) within their jurisdiction.
Audience Expertise
Intermediate (Ideal for the participant with a general knowledge within the areas covered.)
Start Date
9-1-2021 10:30 AM
End Date
9-1-2021 11:30 AM
Creating a Pandemic Value Loss Index
Grand Hall K
Now more than ever assessors are faced with public perception of declining commercial property valuations due to the pandemic. Quantifying value loss for commercial property assessments has proven to be challenging across the United States. Necessary valuation data exists and can be utilized to create a data-driven, objective, and representative “value loss index” to quantify value loss (if any) within their jurisdiction.