Category: Real Property Questions
Our appraisal company will inspect all properties to ensure that our records reflect actual property characteristics. They will then review and verify market sales and study cost and income data.
They will then complete a market analysis using Computer Assisted Mass Appraisal (CAMA) software system by comparing properties of similar size, age, location and description. Finally, they will establish reappraisal values that reflect current market conditions as of the lien date for real property (January 1) of the appropriate reappraisal year.