Analyze and clearly state your conclusion as to how the subject assessment compares to other similar, competing properties in the marketplace. Ideally, the subject's assessment should be bracketed by that of the comparable properties. It is best to present the comparable information in chart form and analyze the assessments on some common unit of comparison such as assessment per square foot.

Describe the appeal process, if an owner wishes to appeal the assessed value. Indicate whether or not the subject assessment is under appeal as of the effective date of appraisal. Comment on the reassessment cycle, when the next reassessment is planned and the possible impact on the subject's assessed value if the subject is to be reassessed within the foreseeable future.

 

Answer rating: 100% (QA)

1 Comparison of Assessments Chart Format Create a table with columns for property details such as property address square footage location amenities a... View the full answer