Analysis Phase of the Appraisal Cycle
Following the conclusion of the discovery phase, the appraisal process transitions to the data analysis phase. During this time, appraisers and technicians are reviewing and updating characteristics of existing construction and/or land parcels for the purpose of uniformly applying property values per market derived data. Analysis tools are utilized to assist in staff efficiency, and ensure proper valuations and equitable results during the assigned time for this phase. This process requires sales and market related data as well as the information obtained during the prior phase of discovery.
Read more about the Analysis Phase.
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