Appraisers and Assessors of Real Estate — Tasks
Task statements
- Compute final estimation of property values, taking into account such factors as depreciation, replacement costs, value comparisons of similar properties, and income potential.
- Prepare written reports that estimate property values, outline methods by which the estimations were made, and meet appraisal standards.
- Photograph interiors and exteriors of properties to assist in estimating property value, substantiate findings, and complete appraisal reports.
- Search public records for transactions such as sales, leases, and assessments.
- Obtain county land values and sales information about nearby properties to aid in establishment of property values.
- Maintain familiarity with aspects of local real estate markets.
- Inspect properties, considering factors such as market value, location, and building or replacement costs to determine appraisal value.
- Collect and analyze relevant data to identify real estate market trends.
- Review information about transfers of property to ensure its accuracy, checking basic information on buyers, sellers, and sales prices and making corrections as necessary.
- Analyze trends in sales prices, construction costs, and rents, to assess property values or determine the accuracy of assessments.
- Inspect new construction and major improvements to existing structures to determine values.
- Check building codes and zoning bylaws to determine any effects on the properties being appraised.
- Interview persons familiar with properties and immediate surroundings, such as contractors, home owners, and realtors, to obtain pertinent information.
- Verify legal descriptions of properties by comparing them to county records.
- Evaluate land and neighborhoods where properties are situated, considering locations and trends or impending changes that could influence future values.
- Examine the type and location of nearby services, such as shopping centers, schools, parks, and other neighborhood features, to evaluate their impact on property values.
- Examine income records and operating costs of income properties.
- Estimate building replacement costs, using building valuation manuals and professional cost estimators.
- Draw land diagrams to be used in appraisal reports to support findings.
- Conduct regular reviews of property within jurisdictions to determine changes in property due to construction or demolition.
- Testify in court as to the value of a piece of real estate property.
- Identify the ownership of each piece of taxable property.
- Prepare and maintain current data on each parcel assessed, including maps of boundaries, inventories of land and structures, property characteristics, and any applicable exemptions.
- Establish uniform and equitable systems for assessing all classes and kinds of property.
- Calculate tax bills for properties by multiplying assessed values by jurisdiction tax rates.
- Determine taxability of properties, using methods such as field inspection, structural measurement, calculation, sales analysis, market trend studies, and income and expense analysis.
- Explain assessed values to property owners and defend appealed assessments at public hearings.
- Explain real and personal property taxes to property owners.
Career and skills data: O*NET 31.0 (onetcenter.org). Figures are published survey estimates, not real-time market data.