BCA PROPERTY TAX SEMINAR 2013
|
|
- Eugenia Oliver
- 5 years ago
- Views:
Transcription
1 BCA PROPERTY TAX SEMINAR 2013 April 30, 2013
2 BCA Property Tax Seminar What it s About Bentwater Appraisals and Resales How to analyze and access your individual Appraisal The appraisal process generally used by MCAD What it s not About USA or Houston area real estate activity Lake Conroe water level USA economic downturn and its impact on real estate Personal War Stories dealing with MCAD
3 Bentwater Real Estate Activity Homes Sold ( Resales )* Interior Golf Course Waterfront Value of Homes Sold ($/SqFt)* Interior Golf Course Waterfront *Used Homes
4 My Property Tax Appraisal Value TAX = ( Assessed Value ) X ( TAX RATE ) MCAD Government
5 Assessed Value, $1M History of Assessed Value 2 Wedgewood Drive Tax Savings = $15, Appraisal
6 TEXAS PROPERTY TAX LAW MCAD is required by law The market value of property shall be determined by the application of generally accepted appraisal methods. The mass appraisal stds must comply with the Uniform Stds of Professional Appraisal Practice the owner may inspect and may obtain a copy of the data, schedules, formulas and all other information the chief appraiser plans to use
7 TEXAS PROPERTY TAX LAW MCAD is required by law If market data comparison method of appraisal is used, the chief appraiser shall use comparable sales data and shall adjust the comparable sales to the subject property In determining market value the chief appraiser shall analyze the effect on that value, and exclude from that value the value of intangible personal property Appraisal values can be protested on clerical errors and on the ground of unequal appraisal
8 MCAD Appraisal Process COMPS Your Home MCAD Model Your Appraisal
9 MCAD Process in Bentwater Bentwater viewed as multiple Markets - Interior, Golf Course and Waterfront Lots - There are 65 Neighborhoods or Markets MCAD, Texas Law, and Standard Real Estate Practices - Requires numerous, recent, and comparable resales to establish fair market value - ISSUE - Small markets (neighborhoods) promote widely variable appraisal values across Bentwater - Personnel property ( Club Memberships ) should be excluded from Appraisal
10 Two Questions to Answer Is my Appraisal Right? Is my Appraisal Fair?
11 Is My Appraisal Right? Does MCAD have the correct data for my home? My House MCAD Data
12 Is My MCAD Data Correct? Square Footage of all Improvements Right number of porches, bathrooms, etc Exterior/Interior Building Construction Fireplaces, swimming pools Docks Land Area
13 WHERE IS MY APPRAISAL? Go to the Montgomery County Appraisal District (MCAD) website at:
14 RECORDS
15 Search by Address
16
17
18
19 Additional Data Neighborhood Land Appraisal Value Improvement Appraisal Value Assessed Value
20 Improvement Data Homestead Adjustment
21 Open up the Main Area Class
22
23 Is My MCAD Data Correct? Square Footage of all Improvements Right number of porches, bathrooms, etc Exterior/Interior Building Construction Fireplaces, swimming pools Docks Land Area
24 Is My Appraisal Fair?
25 What is a Fair Appraisal Remember MCAD views you as being in one of 65 Neighborhoods Do You Stand Out versus Your Neighbors - Land Value - Appraisal $/SqFt (one versus two story) - Class How Do You Compare to Neighborhood Resales - Is there an adequate number of Resales - Are the Resales comparable to your home ( size, age, Class) - Are the Resales recent Is there Unequal Appraisal - Compare your appraisal ratio to that of comps - Compare your appraisal ratio to several neighbors
26 What is Unequal Appraisal Sec : the appraisal ratio of the property is equal to or less than the median level of appraisal of a reasonable and representative sample of other properties in the district Appraisal Ratio = (Comp Appraisal)/(Comp Sales Price) Appraisal Ratio = (Your $/sqft) versus (Neighbors $/sqft)
27 BCA Photo BCA Photo BCA Photo BCA Photo Home Board/Committees Safety/Security Property Tax Program Water Wise Program Classified Neighbor-to-Neighbor Favorites Membership Contact Us Property Tax Program Updates My Appraisal Neighborhoods Protest Form Tax Seminar MCAD Website Property taxes are determined by calculating ( Appraisal Value X tax rate ). The Property Tax Program is designed to help homeowners understand the basis of their property tax Appraisal Value as determined by the Montgomery County Appraisal District ( MCAD ), and with that information be able to develop a logical basis to protest their appraisal. The program attempts to mimic the appraisal process used by MCAD, where individual property values are determined by comparison against comparable homes ( comps ) that have recently sold in the neighborhood. The key to a fair appraisal is using home sales that are recent, that are in your neighborhood, and that are generally comparable to your home. The MCAD has divided Bentwater into 56 separate neighborhoods for the purpose of determining what home sales are used to calculate your Appraisal Value. It is therefore critical to have a good understanding of what is going on in your neighborhood what are the appraisal values for you and your neighbors, and most importantly, what homes have recently sold in your neighborhood. Armed with this information you can determine the fairness of your Appraisal Value and ultimately decide if you have a sound basis to go forward with a protest. Using the Neighborhoods data developed for your neighborhood, My Appraisal provides a step-by-step process that you can use to evaluate your MCAD Appraisal Value. The Program had many success stories in 2010 as discussed in Updates, but it was limited to the 16 neighborhoods where volunteers developed the Neighborhoods data. If we don t have the data for your neighborhood, it s because no one volunteered to develop it. You can help advance the impact of this effort by volunteering to develop the data for your neighborhood. Contact Us
28 2011 Neighborhood Appraisal Data The neighborhoods listed below have 2011 Preliminary Appraisal data and resales for If you do not see your neighborhood listed, it has not been completed and you might want to consider volunteering to work up the data for your neighborhood. You will also note that accessing the data sheets is restricted to BCA members only. Click here to login and view the Neighborhood data sheets Interior Golf Course Waterfront /91/92.3
29 Neighborhood Preliminary 2013 Appraisal ADDRESS CL SqFt LAND IMPROVE $/SqFt $/SqFt $/Sqft $/sqft* 4 WILLOW $30,000 $230, WILLOW $31,700 $340, WILLOW $31,000 $220, WILLOW $32,000 $210, WILLOW $45,000 $280, WILLOW $31,000 $180, WILLOW $32,000 $180, WILLOW $31,000 $220, Neighborhood Avg = Neighborhood Avg = 86 RESALES *Excludes Bentwater Club Membership
30 Neighborhood Preliminary 2013 Appraisal ADDRESS CL SqFt LAND IMPROVE $/SqFt $/SqFt $/Sqft $/sqft* 4 WILLOW $30,000 $230, WILLOW $31,700 $340, WILLOW $31,000 $220, WILLOW $32,000 $210, WILLOW $45,000 $280, WILLOW $31,000 $180, WILLOW $32,000 $180, WILLOW $31,000 $220, Neighborhood Avg = Neighborhood Avg = 86 RESALES *Excludes Club Membership Do You Stand Out versus Your Neighbors?
31 Neighborhood Preliminary 2013 Appraisal ADDRESS CL SqFt LAND IMPROVE $/SqFt $/SqFt $/Sqft $/sqft* 4 WILLOW $30,000 $230, WILLOW $31,700 $340, WILLOW $31,000 $220, WILLOW $32,000 $210, WILLOW $45,000 $280, WILLOW $31,000 $180, WILLOW $32,000 $180, WILLOW $31,000 $220, Neighborhood Avg = Neighborhood Avg = 86 RESALES *Excludes Club Membership Unequal Appraisal - Is Your Appraisal Ratio the Same as the Resales?
32 Bentwater Club Membership Texas Law SEC Intangible personal property means a claim, interest, right, or other that has value but cannot be seen, felt, weighed, measured, or otherwise perceived by the senses.. SEC (2) In determining the market value of real property, the chief appraiser shall exclude from that value the value of intangible personal property Bentwater Law To hold Title to property in Bentwater, you must have a Bentwater Club Membership
33 Bentwater Club Membership MCAD Position Lack information to exclude Membership from appraisals BCA Approach Requested info from Bentwater, stonewalled Provide membership info with resales on BCA website Bentwater residents request MCAD to exclude from comps Longer term, include in sales contract
34 Reasons to Protest your Appraisal Incorrect Property Data - SqFt of Improvements and Land - Add-ons Unequal Appraisal ($/sqft) - You stand out among neighbors - Ratio of Appraisal/Resales Inappropriate Comps - Not enough comps, old comps - Class, Age and /or size of comps - New build and foreclosures - You have better comps
35 CASE STUDY 2012 Preliminary Appraisals for Neighborhood Average Appraisal increased 50% to $145/sqft - Five recent comps ranging $92-185/sqft - New construction used as comps Approach to the Issue - Obtained overview of Neighborhood data on BCA website - Neighbors share the results of informal visits to MCAD - Neighbors argument - unfair comp selection - Some successes, but most proceed to formal protest
36 CASE STUDY Options Pursued - Informal visit to MCAD to obtain data and confirm comps - Be prepared with your argument going into the informal visit - Lacking success, don t settle, go to formal protest - Following protest, additional options are: Arbitration Law Suit - Cost $250 - Expensive - Need appraisal - Time consuming - Fairly quick
37 Bentwater Neighborhood Appraisals 2013 vs 2012 Increased Decreased Unchanged /91/ /91/
38 What To Do Next Request Information from MCAD Verify correct neighborhood, address, and data Comps ( resales being used ) Use the BCA process to analyze your Appraisal The BCA website ( ) Use My Appraisal to learn how to use the process Find your Neighborhood Data Is your Appraisal fair? What s my argument? Work with your neighbors
39 Is My Appraisal Fair? What does the data tell you - Does your appraisal fit the Neighborhood? - Look for unequal appraisal - Are the comps current, are there three? - Are the comps in your Class, size range, structure and age? Develop your argument - How do you compare against the Neighborhood average? - How does your Neighborhood compare against the Bentwater average? - Do you have better comps in/out your Neighborhood? - Did MCAD adjust comps for Club Membership? - Work with your neighbors, your chances are better
A Homeowners Guide HOW TO PRESENT YOUR CASE AT AN INFORMAL HEARING.
A Homeowners Guide HOW TO PRESENT YOUR CASE AT AN INFORMAL HEARING info@bancad.org www.bancad.org NOTICE OF APPRAISED VALUE You just received a notice from the appraisal district telling you the value
More informationAppeals Process Overview
Appeals Process Overview The Texas Property Tax Code (TPTC) has set forth the right for property owners to protest or appeal many actions with the Appraisal District. Section 41.41 reads as follows: 41.41.
More informationProperty Tax Appeal Q & A
Why should I appeal? It is a right that every homeowner has and there is no risk (unless you added square footage to your home without pulling a permit). The assessments are determined by a computer program
More informationMCLENNAN COUNTY APPRAISAL DISTRICT PROPERTY VALUATION WORKSHOP
MCLENNAN COUNTY APPRAISAL DISTRICT PROPERTY VALUATION WORKSHOP WORKSHOP OBJECTIVES To understand: Property Tax System The valuation process What is Market Value Market Trends Time frame for protesting
More informationProtesting Residential Property Appraisals
Protesting Residential Property Appraisals Darlene Sullivan, Gilbert Davila & Kevin Sullivan Popp, Gray and Hutcheson, LLP March 19, 2009 The Protest Process Here is a quick overview of the legal aspect
More informationCOMAL APPRAISAL DISTRICT ANNUAL APPRAISAL REPORT
COMAL APPRAISAL DISTRICT 2016 ANNUAL APPRAISAL REPORT TABLE OF CONTENTS Introduction..2 Mission Statement... 2 Purpose of Report...2 Entities Served..2 Legislative Changes.3 Property Types.3 Appraisal
More informationCOMAL APPRAISAL DISTRICT ANNUAL APPRAISAL REPORT
COMAL APPRAISAL DISTRICT 2017 ANNUAL APPRAISAL REPORT TABLE OF CONTENTS Introduction..2 Mission Statement... 2 Purpose of Report...2 Entities Served..2 Legislative Changes.3 Property Types.3 Appraisal
More informationCMA "Price It Right"- Matrix
CMA "Price It Right"- Matrix Houston Association of Realtors 3 Hours CE Course#: 3160 2 Table of Contents 1. Overview 3 2. Subject Property Information 3 3. Selecting Comparables (Comps) 5 4. History Report
More informationASSESSORS ANSWER FREQUENTLY ASKED QUESTIONS ABOUT REAL PROPERTY Assessors Office, 37 Main Street
A. THE ASSESSMENT PROCESS: ASSESSORS ANSWER FREQUENTLY ASKED QUESTIONS ABOUT REAL PROPERTY Assessors Office, 37 Main Street What is mass appraisal? Assessors must value all real and personal property in
More informationYOUNG COUNTY APPRAISAL DISTRICT
YOUNG COUNTY APPRAISAL DISTRICT 2017 - ANNUAL APPRAISAL REPORT AS OF 10/6/2017 1 2 TABLE OF CONTENTS ITEM PAGE Introduction 4 Purpose of Report...4 Taxing Entities, Rates & Exemptions 5 Property Types
More informationFor the Property Owner who wants to know!
For the Property Owner who wants to know! Answers to frequently asked questions concerning PROPERTY ASSESSMENTS and PROCEDURES. Provided by the Town of York Assessor s Office This booklet will attempt
More informationMAAO Sales Ratio Committee 2013 Fall Conference Seminar
MAAO Sales Ratio Committee 2013 Fall Conference Seminar Presented By: Al Whitcomb Dakota County (Retired) John Keefe Chisago County Assessor Brent Reid City of Coon Rapids Michael Thompson Scott County
More informationHow the Montgomery Central Appraisal District Appraises Residential Property
How the Montgomery Central Appraisal District Appraises Residential Property The following presentation is provided to educate Montgomery County residential property owners about the Analysis & Valuation
More informationSTEVEN J. DREW Assessor OFFICE OF THE ASSESSOR Service, Integrity, Fairness, Internationally Recognized for Excellence
STEVEN J. DREW Assessor OFFICE OF THE ASSESSOR Service, Integrity, Fairness, Internationally Recognized for Excellence OVERVIEW OF RESIDENTIAL APPRAISAL PROCESS And Cost Valuation Report Introduction The
More informationPast & Present Adjustments & Parcel Count Section... 13
Assessment 2017 Report This report includes specific information regarding the 2017 assessment as well as general information about both the appeals and assessment processes. Contents Introduction... 3
More informationAthens County Auditor, Jill Thompson provides homeowners answers to the most commonly asked questions about the countywide 2014 reappraisal
Contact: Jill Thompson Athens County Auditor Phone 740.592.3223 Fax 740.594.3270 15 S. Court Street, Room 330 Athens, Ohio 45701 www.athenscountyauditor.org Jill Thompson Athens County Auditor Property
More informationResidential Property Value Procedures: How to calculate a value
2500 Handley Ederville Road Fort Worth, TX 76118 (817) 284 3925 res@tad.org Residential Property Value Procedures: How to calculate a value Mass Appraisal: The Residential Department is responsible for
More informationIntroduction. Bruce Munneke, S.A.M.A. Washington County Assessor. 3 P a g e
Assessment 2016 Report This report includes specific information regarding the 2016 assessment as well as general information about both the appeals and assessment processes. Contents Introduction... 3
More informationSTEVEN J. DREW Assessor OFFICE OF THE ASSESSOR Service, Integrity, Fairness, Internationally Recognized for Excellence
STEVEN J. DREW Assessor OFFICE OF THE ASSESSOR Service, Integrity, Fairness, Internationally Recognized for Excellence OVERVIEW OF RESIDENTIAL APPRAISAL PROCESS And Cost Valuation Report Introduction The
More informationFrequently Asked Questions:
Frequently Asked Questions: 1. Why has my property assessment changed?... 2 2. What are the legal requirements for my assessment?... 2 3. What method(s) are used by the assessor to value my property?...
More informationInitial sales ratio to determine the current overall level of value. Number of sales vacant and improved, by neighborhood.
Introduction The International Association of Assessing Officers (IAAO) defines the market approach: In its broadest use, it might denote any valuation procedure intended to produce an estimate of market
More informationTerrell County Appraisal District 2018 Annual Report
Terrell County Appraisal District 2018 Annual Report Introduction The Terrell County Appraisal District is a political subdivision of the State of Texas. The Texas Constitution, Texas Property Tax Code
More informationIMPORTANT ANNOUNCEMENT: Our website is changing! Please click here for details.
IMPORTANT ANNOUNCEMENT: Our website is changing! Please click here for details. Home Search Downloads Exemptions Agriculture Maps Tangible Links Contact Home Frequently Asked Questions (FAQ) Frequently
More informationCity of Norwalk Revaluation Project
City of Norwalk 2018 Revaluation Project Presenter: Paul Miller Supervisor: Salim Serdah Appraisers: James Steiner, John Valente, Steve Beccio, Rich Nicolosi, and Gynt Grube. Why Revaluation? It s important
More information11621 Pine Creek Ct, Aledo, TX 76008
MINI PROPERTY REPORT 11621 Pine Creek Ct, Aledo, TX 76008 Presented by Michael Farris Texas Real Estate License: 0485816 Work: (817) 736-9231 Mobile: (817) 319-2214 Fax: (817) 736-9231 Michael@FarrisRealty.net
More informationProperty Assessment Seminar
1 Property Assessment Seminar Bloomfield Township Property Appeals Process Understanding the assessment change notice and preparing for the March Board of Review. The Seminar will also include a question
More informationEXPLANATION OF MARKET MODELING IN THE CURRENT KANSAS CAMA SYSTEM
EXPLANATION OF MARKET MODELING IN THE CURRENT KANSAS CAMA SYSTEM I have been asked on numerous occasions to provide a lay man s explanation of the market modeling system of CAMA. I do not claim to be an
More informationSpecial Plainview City Council Meeting Board of Appeals and Equalization Meeting AGENDA Tuesday, April 16, 2019, at 6:00 P.M.
Special Plainview City Council Meeting Board of Appeals and Equalization Meeting AGENDA Tuesday, April 16, 2019, at 6:00 P.M. Special meetings are meetings held at a time or place that is different from
More informationFiling a property assessment complaint and preparing for your hearing. Alberta Municipal Affairs
Filing a property assessment complaint and preparing for your hearing Alberta Municipal Affairs Alberta s Municipal Government Act, the 2018 Matters Relating to Assessment Complaints Regulation, and the
More informationYOUNG COUNTY APPRAISAL DISTRICT
YOUNG COUNTY APPRAISAL DISTRICT 2016 - ANNUAL APPRAISAL REPORT AS OF 8/24/2016 1 2 TABLE OF CONTENTS ITEM PAGE Introduction 4 Purpose of Report...4 Taxing Entities, Rates & Exemptions 5 Property Types
More informationNCGS , ,
NCGS 105-283, 105-286, 105-317 Requires Counties to establish values based on current market conditions. Values should be at or near 100% of market value as of the reappraisal date. Counties MUST do a
More informationEdmonton Composite Assessment Review Board
Edmonton Composite Assessment Review Board Citation: CVG v The City of Edmonton, 2013 ECARB 01878 Assessment Roll Number: 10002533 Municipal Address: 10904 102 A venue NW Assessment Year: 2013 Assessment
More informationBUYER'S DISCLOSURE STATEMENT
Marin County Below Market Rate Home Ownership Program BUYER'S DISCLOSURE STATEMENT Buyer(s): Property Address: Name of Development: Local Jurisdiction: Income Category of Unit: Purchase Price: NOTICE:
More informationRevaluation Explained
Revaluation Explained Northeast Revaluation Group, LLC 615 Jefferson Blvd., Suite 203, Warwick, RI 02886 401-737-0300 support@nereval.com Revaluation Process in a Nutshell 1. Take a group of properties
More informationIREDELL COUNTY 2015 APPRAISAL MANUAL
STATISTICS AND THE APPRAISAL PROCESS INTRODUCTION Statistics offer a way for the appraiser to qualify many of the heretofore qualitative decisions which he has been forced to use in assigning values. In
More informationBoard of Appeal and Equalization Handbook
Board of Appeal and Equalization Handbook This handbook was created to satisfy the training requirements of Minnesota Statutes, sections 274.014 and 274.135 Updated January 2018 Table of Contents Introduction...
More informationCITY OF OWATONNA ASSESSMENT REPORT. Steele County Assessor s Department. William G. Effertz, SAMA Steele County Assessor
2017 CITY OF OWATONNA ASSESSMENT REPORT Steele County Assessor s Department William G. Effertz, SAMA Steele County Assessor Tyler Diersen, AMA, Assistant County Assessor April 11, 2017 2017 Assessment
More informationMAP. METHODS AND ASSISTANCE PROGRAM 2015 REPORT El Paso Central Appraisal District. Glenn Hegar Texas Comptroller of Public Accounts
MAP METHODS AND ASSISTANCE PROGRAM 2015 REPORT El Paso Central Appraisal District Glenn Hegar Texas Comptroller of Public Accounts El Paso Central Appraisal District Mandatory Requirements PASS/FAIL 1.
More informationChapter 13. The Market Approach to Value
Chapter 13 The Market Approach to Value 11/22/2005 FIN4777 - Special Topics in Real Estate - Professor Rui Yao 1 Introduction Definition: An approach to estimating market value of a subject property by
More informationRESIDUAL ANALYSIS PRINCIPLES AND PROCEEDURES
RESIDUAL ANALYSIS PRINCIPLES AND PROCEEDURES OVERVIEW 1. Residual analysis or extractions, are a form of land valuation study. 2. This analysis relies on the improved sales (typically the largest group
More informationBONDREPORT QTR BONDREPORT QTR BONDNEWYORK.COM
BONDREPORT QTR 4 2017 WELCOME TO THE 19 TH EDITION OF THE BOND REPORT It has been quite the year on many fronts, and by all indications, 2017 has no intention of going quietly. The market has continued
More informationKitsap County Assessor
Kitsap County Assessor Narrative for Countywide Model Tax Year: 2018 Appraisal Date: 1/1/2017 Property Type: Condominium Boat Slip Updated 6/8/2017 by CM20 Area Overview Countywide models are for properties
More informationLLANO CENTRAL APPRAISAL DISTRICT REAPPRAISAL PLAN FOR TAX YEARS 2017 & 2018 AS ADOPTED BY THE BOARD OF DIRECTORS
LLANO CENTRAL APPRAISAL DISTRICT REAPPRAISAL PLAN FOR TAX YEARS 2017 & 2018 AS ADOPTED BY THE BOARD OF DIRECTORS TABLE OF CONTENTS ITEM PAGE Executive Summary 5 Revaluation Decision (Statutory or Administrative)
More informationMonthly Indicators % % %
ly Indicators A RESEARCH TOOL PROVIDED BY THE HILTON HEAD AREA ASSOCIATION OF REALTORS 2013 Quick Facts The S&P/Case-Shiller Home Price Index recently showed that home prices in 20 major metropolitan areas
More informationI R V. where I = Annual Net Income, R= Capitalization Rate and V= Value
Income Approach to Valuation Capitalization (Cap Rates) the short version! Capitalization is the process of converting net income into a meaningful value that correlates net income to the value of the
More information6041 E 40th St, Indianapolis, IN 46226
( M a i n : c N O L I C a r m R e a l 708-440 - E D r S ( 440 - ( 708 - PROPERTY REPORT P r e s e n t e d b y Charlene Gaard REALTOR W o rk : ( 317 ) 2149 M o b i l e : F a x : 317 ) 4779 h a rl e n e
More informationThe Knowledge Resource. First-Time Home Buyers FOR. Your Agent Is the Best Guide Save Time, Money, and Frustration
K N O W L E D G E I S P O W E R The Knowledge Resource FOR First-Time Home Buyers Your Agent Is the Best Guide Save Time, Money, and Frustration The Keys to Homeownership Unlock the American Dream Is Buying
More informationKitsap County Assessor
Kitsap County Assessor Narrative for Countywide Model Tax Year: 2018 Appraisal Date: 1/1/2017 Property Type: Hangar - Airplane Area Overview Countywide models are for properties located throughout Kitsap
More informationMonthly Indicators - 6.4% % + 5.2%
ly Indicators A RESEARCH TOOL PROVIDED BY THE GREENWOOD ASSOCIATION OF REALTORS 2013 Quick Facts The S&P/Case-Shiller Home Price Index recently showed that home prices in 20 major metropolitan areas had
More informationTrend (span) Last 4-6 Months (3-month period)
Local Market Conditions: Summary The Local Market Conditions tables summarize trends and statistics in the local market: the area around the subject property that was searched for comps in the Sales Comparison
More informationAppraisal Review: Analyzing the 1004
Appraisal Review: Analyzing the 1004 1 LIVE ONLINE PARTICIPANT GUIDE Version: 8.12 Table of Contents The Purpose of the Appraisal... 3 Define Market Value... 3 Scenario 1 (John Johnson report) - 1004 Uniform
More informationL U X U R Y M A R K E T R E P O R T 2 Q
L U X U R Y M A R K E T R E P O R T 2 Q 2 1 8 The quarterly Luxury Market Report provided by Trump International Realty is a resource compiling pertinent data and analytics to give you a pulse on the current
More informationINTRODUCTION MISSION OVERVIEW
INTRODUCTION The Austin County Appraisal District is a political subdivision of the State of Texas. The Constitution of the State of Texas, the Texas Property Tax Code, and the Rules of the Texas Comptroller
More information2014 Annual Report. Fayette County Appraisal District P. O. Box 836 La Grange, TX 78945
2014 Annual Report Fayette County Appraisal District P. O. Box 836 La Grange, TX 78945 FCAD 2014 Annual Report 1 2014 ANNUAL REPORT FAYETTE COUNTY APPRAISAL DISTRICT INTRODUCTION The Fayette County Appraisal
More information2016 Annual Report. Carmen Ottmer, Chief Appraiser AUSTIN COUNTY APPRAISAL DISTRICT 906 E. AMELIA ST., BELLVILLE, TEXAS 77418
2016 Annual Report Carmen Ottmer, Chief Appraiser AUSTIN COUNTY APPRAISAL DISTRICT 906 E. AMELIA ST., BELLVILLE, TEXAS 77418 INTRODUCTION The Austin County Appraisal District is a political subdivision
More information60-HR FL Real Estate Broker Post-Licensing Learning Objectives by Lesson
Lesson 1: Starting a Real Estate Office SECTION 1: BROKERAGE OFFICE ESSENTIALS Recall the characteristics of business entities that may register as a real estate brokerage and the rules involved to operate
More information3737 Truett Blvd, Shreveport, LA 71107
PROPERTY REPORT 3737 Truett Blvd, Shreveport, LA 71107 Presented by Carolyn and Cliff Grimsley Mobile: (318) 759-7636 Century 21 Elite 8575 Fern Avenue, Suite 105 Shreveport, LA 71105 3737 Truett Blvd,
More informationLUXURY MARKET REPORT. - January
LUXURY MARKET REPORT - January 2018 - www.luxuryhomemarketing.com THIS IS YOUR LUXURY MARKET REPORT MAP OF LUXURY RESIDENTIAL MARKETS Welcome to the Luxury Market Report, your guide to luxury real estate
More information435 Civic Center Dr, Augusta, ME 04330
SELLER'S REPORT P r e s e n t e d b y John Conley REALTOR J o h n C o n l e y P A @ g m a i l. c o m Legend: Subject Property Public Record Your Comp Analysis $500,000 Last Edited: 5/18/2018 $117 Price
More informationCABARRUS COUNTY 2016 APPRAISAL MANUAL
STATISTICS AND THE APPRAISAL PROCESS PREFACE Like many of the technical aspects of appraising, such as income valuation, you have to work with and use statistics before you can really begin to understand
More informationWebinar Summit. May 24, Presented by Brad Korn Serving Greater Kansas City. Getting the Listing Priced RIGHT!
Webinar Summit May 24, 2011 1 10 Minute Accurate CMA System Think Outside the Box Different way of Pricing This is just My Way of Pricing Issue: We did not Learn how to Price Real Estate in School 60%
More informationTEXAS PROPERTY TAX CODE 2017 EDITION
TEXAS PROPERTY TAX CODE 2017 EDITION QUESTIONS ABOUT THIS PUBLICATION? For CUSTOMER SERVICE ASSISTANCE concerning replacement pages, shipments, billing, reprint permission, or other matters, please contact
More informationCarla Pope-Osborne Appeals Director Perdue, Brandon, Fielder, Collins & Mott LLP
Carla Pope-Osborne Appeals Director Perdue, Brandon, Fielder, Collins & Mott LLP The primary purpose of the PVS is to help ensure equitable distribution of state funding for public education. PTAD analyzes
More informationA Texas Challenge. By Paul Pennington
A Texas Challenge By Paul Pennington The City of Austin has found a way to incorporate the slogan keep Austin weird into Travis County s property tax system by challenging the 2015 commercial tax roll.
More informationCourse Commerical/Industrial Modeling Concepts Learning Objectives
Course 312 - Commerical/Industrial Modeling Concepts Learning Objectives Course Description Course 312 presents a detailed study of the mass appraisal process as applied to income-producing property. Topics
More informationDIRECTIVE # This Directive Supersedes Directive # and #92-003
Division Of Property Valuation Docking State Office Building 915 SW Harrison St., Room 400N Topeka, KS 66612-1588 Nick Jordan, Secretary David N. Harper, Director phone: 785-296-2365 fax: 785-296-2320
More informationPROPERTY REPORT FOR: Cooper Ln Acres, Austin, Texas 78745
PROPERTY REPORT FOR: Cooper Ln Acres, Austin, Texas 78745 This Is A Broker Price Opinion Or Comparative Market Analysis And Should Not Be Considered An Appraisal Or Opinion Of Value. In Making Any Decision
More informationDate: March 2018 TOWN OF WATERFORD Department of Assessment
Date: March 2018 TOWN OF WATERFORD 1. Overview: The purpose of this workshop is to explain the Assessment Disclosure Notice, how assessments are derived and how to challenge your assessment if you do not
More informationAssessment Year 2016 Assessment Valuations / Mass Appraisal Summary Report
Assessment Year 2016 Assessment Valuations / Mass Appraisal Summary Report Overview Following up on last year s work, additional work was done cleaning up the sales data. The land valuation model was further
More informationPecos County Appraisal District. Chief Appraiser: Sam Calderon III
Pecos County Appraisal District Chief Appraiser: Sam Calderon III Meet Your Appraiser Staff Agenda The goals and objectives of this presentation is to provide Property Owner s an overview of PCAD s Appraisal
More informationEvaluating Your Appraisal
Evaluating Your Appraisal April 28, 2011 Presented by: Brady W. Meadows Mortgage Compliance Advisors Instructions Because of the large number of registrants, the lines will be muted. To ask a question,
More informationOFFICIAL PROCEEDINGS City of Williston Local Board of Equalization May 3, :00 pm City Hall Williston, North Dakota
1. Roll Call of Commissioners OFFICIAL PROCEEDINGS City of Williston Local Board of Equalization May 3, 2017 6:00 pm City Hall Williston, North Dakota COMMISSIONERS PRESENT: Deanette Piesik, Tate Cymbaluk,
More informationThe Impact of Using. Market-Value to Replacement-Cost. Ratios on Housing Insurance in Toledo Neighborhoods
The Impact of Using Market-Value to Replacement-Cost Ratios on Housing Insurance in Toledo Neighborhoods February 12, 1999 Urban Affairs Center The University of Toledo Toledo, OH 43606-3390 Prepared by
More informationGuidelines to Waterfront Properties
Guidelines to Waterfront Properties These guidelines are intended to help compliance personnel evaluate whether or not properties are Lakefront, Channel/Canal Front, Across the Road from Lake/Ocean and
More information2017 Property Value Study Preliminary Findings Released by Comptroller of Public Accounts Property Tax Assistance Division
Date 2/1/18 2017 Property Value Study Preliminary Findings Released by Comptroller of Public Accounts Property Tax Assistance Division The Comal Appraisal District, through the Board Chairman, Dan K. Krueger,
More informationMAP METHODS AND ASSISTANCE PROGRAM 2011 REPORT. El Paso Central Appraisal District. Susan Combs Texas Comptroller of Public Accounts
MAP METHODS AND ASSISTANCE PROGRAM 2011 REPORT El Paso Central Appraisal District Susan Combs Texas Comptroller of Public Accounts January 23, 2012 Chief Appraiser County Appraisal District Board of Directors
More informationRevaluation process ongoing in Norwalk
Revaluation process ongoing in Norwalk Property owners will have the opportunity to appeal assessment beginning December 5 (Norwalk, Conn.) The City of Norwalk is in the final phase of its revaluation
More informationMonthly Indicators + 2.0% + 5.5% + 1.0%
Monthly Indicators A RESEARCH TOOL PROVIDED BY NORTH TEXAS REAL ESTATE INFORMATION SYSTEMS, INC. 2017 The facts of residential real estate have remained consistent in 2017. In year-overyear comparisons,
More informationAllegan County Equalization Department
Allegan County Equalization Department 2011 Department Report Equalization Report Recap 2010 2011 projects January 1- December 31, 2010 Blaine R. McLeod Director of Equalization 1 Message from the Director
More informationSTATPAK MARKET IN A MINUTE A SUMMARY OF MARKET CONDITIONS FOR APRIL McEnearney.com CONTRACTS URGENCY INDEX INVENTORY INTEREST RATES
STATPAK WASHINGTON, DC MAY 2018 McEnearney.com MARKET IN A MINUTE A SUMMARY OF MARKET CONDITIONS FOR APRIL 2018 Contract activity in April 2018 was up 9.4% from April 2017, and four of the six price categories
More informationREDSTONE. Regression Fundamentals.
REDSTONE from Bradford Advanced Analytics Technologies for Appraisers Regression Fundamentals www.bradfordsoftware.com/redstone Bradford Technologies, Inc. 302 Piercy Road San Jose, CA 95138 800-622-8727
More informationMARTIN COUNTY PROPERTY APPRAISER LAUREL KELLY, CFA
MARTIN COUNTY PROPERTY APPRAISER LAUREL KELLY, CFA Fun Facts Real property parcels.... 94,532 Commercial & industrial parcels....3,525 (3.7% of RP parcels) Tangible personal property accounts.. 13,351
More informationPart 1. Estimating Land Value Using a Land Residual Technique Based on Discounted Cash Flow Analysis
Table of Contents Overview... v Seminar Schedule... ix SECTION 1 Part 1. Estimating Land Value Using a Land Residual Technique Based on Discounted Cash Flow Analysis Preview Part 1... 1 Land Residual Technique...
More informationReappraisal Important Property Tax Information
Reappraisal 2013 Important Property Tax Information Spartanburg County Assessor PO Box 5762 Spartanburg, SC 29304 Telephone: (864)596-2544 Fax: (864)596-2940 Fax: (864)596-2223 www.spartanburgcounty.org
More informationMINUTES LOCAL BOARD OF EQUALIZATION AND REVIEW HEARING CITY OF LINDSTROM APRIL 26 th, :30 P.M.
MINUTES LOCAL BOARD OF EQUALIZATION AND REVIEW HEARING CITY OF LINDSTROM APRIL 26 th, 2011 6:30 P.M. CALL TO ORDER: Mayor Carlson called the meeting at 6:30 p.m. A Quorum and Trained member of the Board
More informationMonthly Indicators - 3.6% + 8.8% - 3.9%
Monthly Indicators A RESEARCH TOOL PROVIDED BY NORTH TEXAS REAL ESTATE INFORMATION SYSTEMS, INC. 2016 Halfway through 2016, residential real estate markets are performing as predicted at the beginning
More informationHi, I m. Tell me a little more about your home here.
First, Introduce Yourself. Hi, I m. Tell me a little more about your home here. Start walking through the home with them. Now, ask them Why did you buy this home in the first place? Wait for them to tell
More informationVAN ZANDT COUNTY APPRAISAL DISTRICT 2018 ANNUAL REPORT
VAN ZANDT COUNTY APPRAISAL DISTRICT 2018 ANNUAL REPORT INTRODUCTION The Van Zandt County Appraisal District is a political subdivision of the state. The Constitution of the State of Texas, the Texas Property
More informationMonthly Indicators - 3.6% + 8.3% %
ly Indicators A RESEARCH TOOL PROVIDED BY THE WESTERN UPSTATE ASSOCIATION OF REALTORS 2013 Quick Facts The S&P/Case-Shiller Home Price Index recently showed that home prices in 20 major metropolitan areas
More informationGarden Fourplex PROPERTY HIGHLIGHTS. Prepared By Garden Ave San Jose, CA 95111
2795 Garden Ave San Jose, CA 95111 PROPERTY HIGHLIGHTS Offered at $1,575,000 4.7% Cap rate; 14.7 GRM NOT SUBJECT TO RENT CONTROL! Large, fully remodeled Units Four 2 bed / 1 bath units, ~920 SF each 2
More informationMonthly Indicators % - 1.7% %
ly Indicators A RESEARCH TOOL PROVIDED BY THE HILTON HEAD AREA ASSOCIATION OF REALTORS 2012 Quick Facts It's been a giant year for the housing market and for sports teams named Giants. As we round out
More informationMonthly Indicators % % - 1.1%
ly Indicators A RESEARCH TOOL PROVIDED BY NORTH TEXAS REAL ESTATE INFORMATION SYSTEMS, INC. 2012 Quick Facts Most housing metrics should follow their usual, autumnal movements higher inventory and days
More informationMETHODOLOGY GUIDE VALUING MOTELS IN ONTARIO. Valuation Date: January 1, 2016
METHODOLOGY GUIDE VALUING MOTELS IN ONTARIO Valuation Date: January 1, 2016 AUGUST 2016 August 22, 2016 The Municipal Property Assessment Corporation (MPAC) is responsible for accurately assessing and
More informationThe Impact of Deep Tunnels on Property Value
Appraisal Study The Impact of Deep Tunnels on Property Value A Study of the Lake City Tunnel Seattle, Washington Synopsis This appraisal study is performed to determine whether or not the presence of a
More informationAICPA Valuation Services VS Section Statements on Standards for Valuation Services VS Section 100 Valuation of a Business, Business Ownership
AICPA Valuation Services VS Section Statements on Standards for Valuation Services VS Section 100 Valuation of a Business, Business Ownership Interest, Security, or Intangible Asset Calculation Engagements
More informationAppraisers and Assessors of Real Estate
http://www.bls.gov/oco/ocos300.htm Appraisers and Assessors of Real Estate * Nature of the Work * Training, Other Qualifications, and Advancement * Employment * Job Outlook * Projections Data * Earnings
More informationMAP. METHODS AND ASSISTANCE PROGRAM 2013 REPORT McLennan County Appraisal District. Susan Combs Texas Comptroller of Public Accounts
MAP METHODS AND ASSISTANCE PROGRAM 2013 REPORT McLennan County Appraisal District Susan Combs Texas Comptroller of Public Accounts January 22, 2014 Chief Appraiser County Appraisal District Board of Directors
More informationMidland Central Appraisal District BIENNIAL REAPPRAISAL PLAN
BIENNIAL REAPPRAISAL PLAN FOR THE TAX YEARS 2015 AND 2016 BY THE MIDLAND CENTRAL APPRAISAL DISTRICT BOARD OF DIRECTORS September 10, 2014 TABLE OF CONTENTS ITEM PAGE Executive Summary... 4 General Overview
More informationComment Letter 16 from the National Association of Romanian Valuers, ANEVAR
Comment Letter 16 from the National Association of Romanian Valuers, ANEVAR Comments on the Exposure Draft Proposed New International Valuation Standards, published June 2010 Email: CommentLetters@ivsc.org
More informationEXPLAINING MASS APPRAISAL
EXPLAINING MASS APPRAISAL PROMOTING THE ROLE OF THE ASSESSOR MAAO SUMMER CONFERENCE, JUNE 24, 2015 RICHARD W. FINNEGAN, MAA Please excuse the length of this letter. I didn t have time to write a short
More information