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Challenge PowerPoint Presentation

Challenge

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Challenge

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Presentation Transcript

  1. Challenge • Secure data storage • Facilitate traditional appraisals • Provide a mechanism for internal appraisal audits • Generate a tool for dealing with large volumes of appraisals • Utilize distance training features • Incorporate simple input • Interface with GIS

  2. Mass Appraisal ALREC, LLC

  3. Mass Appraisaldetermine value of many properties Traditional Appraisaldetermine value of one property ALREC, LLC

  4. Mass Appraisal Define Problem Collect Data Analyze Data Build Model Test Model ALREC, LLC

  5. ALREC, LLC

  6. ALREC, LLC

  7. Appraiser Worksheet – gather information of Property to be valued SF of Improvement: 4,444 Number of Floors: 2 SF of Lot: 20,099 # of Bath Fixtures: 14 Pool area in SF: 400 Garage Area in SF: 573 Garage attached: Yes or a carport: Sale of Building: Jan 2009 Located in which District: 1 Quality Grade: 5 Traffic: No Cul de sac: No Gated: No Golf Course: No ALREC, LLC

  8. 392,337 399,900 ALREC, LLC

  9. Appraiser Worksheet – gather information of Property to be valued SF of Improvement: 2,111 Number of Floors: 1 SF of Lot: 9,962 # of Bath Fixtures: 8 Pool area in SF: 0 Garage Area in SF: 370 Garage attached: Yes or a carport: Sale of Building: Mar 2009 Located in which District: 1 Quality Grade: 4 Traffic: No Cul de sac: No Gated: No Golf Course: No ALREC, LLC

  10. 186,098 180,400 ALREC, LLC

  11. ALREC, LLC

  12. ALREC, LLC

  13. ALREC, LLC

  14. ALREC, LLC

  15. ALREC, LLC

  16. ALREC, LLC