150-303-415 (Rev. 05-17) Appraisal Methods for Real Property
Overall rate development .............................. 10-23
Percent good–
residential ...................................................... 9-26
farm buildings .............................................11-16
Percent useful, farm buildings .......................11-16
Physical deterioration ................................ 6-5, 9-25
Physical reappraisal ............................................ 7-2
Planned communities .............................. 4-12, 12-6
Plottage ................................................................. 5-3
Population ............................................................ 7-6
Population testing ............................................... 7-7
Posting field maps ............................................. 9-34
Potential gross income ...................................... 6-17
Preappraisal set-up–
land ................................................................... 8-4
farm and ranch properties ...........................11-5
residential ...................................................... 9-10
Preappraisal set-up studies .............................. 2-16
Price related differential (PRD) ................... 7-6, 13
Principle of substitution ..................................... 6-3
Progression ........................................................... 5-3
Progressivity ........................................................ 7-6
Property class codes ............................................ 1-4
Property description record ............................... 3-4
Property residual technique ............................ 6-29
Property taxes .................................................... 6-20
Property transaction records ............................. 3-2
Property value appeals ....................................... 1-6
Qualification of farmland................................. 14-2
Quality class benchmarks–
residential .......................................................9-11
income properties ......................................... 10-9
Quantity survey ................................................... 6-4
Quarter section map ........................................... 4-4
Quarter-quarter section map ............................. 4-5
Rate of return–
farm and ranch properties ...........................11-8
Ratio study ........................................................... 7-2
Ratio study analysis ............................................ 7-7
Real market value (RMV) ......................... 1-5, 7-12
Real Property Return .......................................... 1-4
Reappraisal ........................................................... 2-9
residential ...................................................... 9-36
farm and ranch ............................................11-17
Recalculation ........................................................ 7-2
Recapture rate .................................................... 6-25
Recapture rate development ......................... 10-26
Reconstruction of reported expenses ............. 6-23
Regression ............................................................ 5-3
Regressivity .......................................................... 7-6
Remaining economic life .................................. 6-33
Replacement cost ................................................. 6-3
Replacement cost new .....................................11-16
Reproduction cost ............................................... 6-3
Reserves for replacement ................................. 6-21
Return of investment ........................................ 6-24
Return on investment ....................................... 6-24
Sales comparison ............................................... 6-13
Sales comparison (market) approach ............... 6-9
Sales comparison approach to OSD ............... 8-13
Sales comparison grid ...................................... 6-13
Sales data .............................................................. 6-9
Sales data records ................................................ 3-9
Sales ratio ............................................................. 7-6
Sample .................................................................. 7-6
Sample average.................................................... 7-8
Selection of capitalization technique .............. 6-27
Short-lived items ................................................. 6-6
Size adjustment, land ........................................ 8-18
Special interest number .................................... 4-10
Special scale maps ............................................... 4-8
Standard map number ....................................... 4-8
Standard taxlot number ..................................... 4-9
Statistics and appraisal standards .................... 7-1
Stratification studies ......................................... 7-10
Substitution .......................................................... 5-3
Supervising appraiser ......................................... 2-2
Supervisory field work ..................................... 2-14
Supply and demand ........................................... 5-3
Supreme Court .................................................. 15-2
Surplus productivity ........................................... 5-3
Tax, calculation of ................................................ 1-6
Tax, imposition of ................................................ 1-1
Tax collector, role of ............................................ 1-7
Tax Court ............................................................ 15-1
Tax rate component ......................................... 10-23
Taxable assessed value ....................................... 1-5
Time adjustment studies .................................... 7-9
Timeshare estates .............................................. 12-5
Township map ..................................................... 4-3
Trimming ............................................................ 7-14
Uniformity ............................................................ 7-6
Uniformity and equity ........................................ 7-1
Unit-in-place ........................................................ 6-4
Units of comparison–
building .......................................................... 6-10
land ................................................................... 8-9
Vacancy ............................................................... 6-18
Vacancy and collection loss ............................. 6-18
Valuation of rural buildings ...........................11-13
Valuation of rural tract land ............................ 8-18
Valuation process ................................................ 6-1
Valuation standards .......................................... 7-12
Valuation studies ............................................... 2-16
Value zones .........................................................11-3
Water rights ......................................................... 11-4
Weight ................................................................... 7-7
Weighted mean .................................................... 7-7
17-3
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