![]() In addition, we analyze marketing and exposure time of the property, as well as, the listing price history. An arms-length transaction is a sale between two unrelated parties, each of whom is reasonably knowledgeable of market conditions and under no undue pressure to buy or sell. The purpose of sales verification is to determine whether a transaction is arms-length or not. Sales VerificationĪside from inspecting properties, one of the most important tasks we have to complete is sales verification or “qualification”. ![]() We enjoy having the opportunity to speak with homeowners or residents, as it is another source of information we can rely on to assist us in better-estimating property values. ![]() As representatives of the Property Appraiser’s Office, field appraisers will always conduct themselves professionally. A field appraiser will always vacate a property when asked by the homeowner or resident of the property to leave. Most inspections require a brief amount of time to be completed. He/she will always knock at the door of the property to introduce themselves and notify the owner or resident of the property the purpose of the visit. These items will include contact information so we may arrange a follow-up inspection at a more convenient time.Įach field appraiser will be wearing a name badge to identify themselves as a member of the Property Appraiser’s Office. When we cannot access a property to confirm features and condition, a door hanger will be left at your door, or we will mail an access letter explaining the need for our visit. In cases where we are denied access or cannot obtain access, we may be forced to come to conclusions of value which may not be valid. In turn, we will have a more reliable basis to evaluate your property to estimate a value. We are able to more accurately reflect the salient features and condition of your property. hurricane, flood, fire, etc.)Īllowing access to your property during these field visits assists us in obtaining the most accurate data possible. Permits (new construction or demolition).Inspections can result from, but are not limited to the following: In most cases, inspections are limited to the exterior of the property. Periodically, field appraisers from our office will visit your property to conduct a physical inspection. State law requires the Property Appraiser’s Office to value every property annually. ![]() Types of real property include vacant land, single-family homes, condominiums, mobile homes and commercial properties, just to name a few. These are commonly referred to as the land, buildings and miscellaneous improvements that have been placed on the property. Real estate is the physical parts which are permanently attached to it. Real property is defined as the rights, interests and benefits connected with real estate. This differs from single property or fee appraisal which is the typical means of determining value in the private sector. Mass appraisal is the systematic appraisal of groups of properties as of a given date using standardized procedures and statistical methods. We employ the common appraisal methodologies to assist us in determining market value and apply that data to the population of parcels. The Real Property Appraisal Department is responsible for field inspecting properties, verifying sales data and analyzing this data to determine market value.
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