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Thursday, June 25th, 2009
After applying appropriate adjustments to the assessment comparables,
After applying appropriate adjustments to the assessment comparables, calculate the median level of assessment for the assessment comparables. Inspect and photograph the comparable sales making detailed notes regarding differences between the comparable sales and your realestate. Appraisal districts often use the [...] Cost ApproachThe cost approach is not typically used at land tax protest hearings except for new buildings. Then make adjustments for differences between the subject realestate and comparables. The Approaches to Establishing realestate ValueSales Comparison ApproachThe sales comparison approach is used at realestate tax hearings for houses, land and owner-occupied buildings.
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