Generally, assessing officials use mass appraisal techniques that can emphasize the cost approach to value because it is easily used (often from an assessment manual) for all types of property. However, this is often not the best approach to value for any particular property or type of property.
In addition to the front line experience of appearing before assessors and appeal boards, our property tax professionals have taken numerous courses from the most reputable associations on the valuation of different types of properties.
Some of these associations include:
- Appraisal Institute
- International Association of Assessing Officers
- Institute for Professionals in Taxation