How do they match: Appraisers and Assessors of Real Estate

  • Analyze trends in sales prices, construction costs, and rents, to assess property values or determine the accuracy of assessments.
  • Compute final estimation of property values, taking into account such factors as depreciation, replacement costs, value comparisons of similar properties, and income potential.
  • Determine taxability of properties, using methods such as field inspection, structural measurement, calculation, sales analysis, market trend studies, and income and expense analysis.
  • Draw land diagrams to be used in appraisal reports to support findings.
  • Estimate building replacement costs, using building valuation manuals and professional cost estimators.
  • Inspect properties, considering factors such as market value, location, and building or replacement costs to determine appraisal value.
  • Obtain county land values and sales information about nearby properties to aid in establishment of property values.
  • Photograph interiors and exteriors of properties to assist in estimating property value, substantiate findings, and complete appraisal reports.
  • Prepare written reports that estimate property values, outline methods by which the estimations were made, and meet appraisal standards.
  • Review information about transfers of property to ensure its accuracy, checking basic information on buyers, sellers, and sales prices and making corrections as necessary.
  • Search public records for transactions such as sales, leases, and assessments.

  • Prepare financial documents, reports, or budgets.