2011 Valuation Update Manual - Town of Weare - NH.gov

Index
Manual V3.13
Introduction............................................................................................................................... 1
Intended Use/User .................................................................................................................... 2
Section 1. Certification/Contract & Scope of Work ........................................................ 3
A. Certification ....................................................................................................... 5
B. Scope of Work Contract ................................................................................... 9
C. Personnel & Qualifications ..............................................................................23
D. Data Collection . ...............................................................................................27
Section 2. Prior DRA General Statistics ..........................................................................59
Section 3. Valuation Premise ............................................................................................67
A. Three Approaches to Value/Highest & Best ...................................................69
B. Zoning ..............................................................................................................73
C. Town Parcel Breakdown ..................................................................................74
D. Time Trending .................................................................................................75
E. Neighborhood Classification ............................................................................76
F. Basic Mass Appraisal Process..........................................................................79
G. Assumptions, Theories & Limiting Factors ....................................................80
H. Telecommunications & Utilities Value ............................................................81
Section 4. CAMA System ..................................................................................................85
A. Introduction to the Avitar CAMA System ......................................................87
Section 5. CAMA Appraisal Review Card & Abbreviations, Samples & Definitions ....95
Section 6. Sales Data ....................................................................................................... 115
A. Date Range of Sales & Effective Date of New Value..................................... 117
B. Qualified & Unqualified Sales Report ........................................................... 119
Section 7. Preliminary Sales Analysis Spreadsheets ...................................................... 135
Section 8. Field Review & Informal Hearing Process.................................................... 145
A. Field Review ................................................................................................... 147
B. Informal Hearing Process .............................................................................. 149
Section 9. Calibration Technique, Final Statistical Analysis & Value Cost Tables...... 151
A. Calibration Technique ................................................................................... 153
B. Final Statistical Analysis & Testing .............................................................. 157
C. Final Valuation Cost Tables .......................................................................... 441
Section 10. Waterfront & View & Building Grade Information .................................... 461
A. Waterfront Report ......................................................................................... 463
B. View Report.................................................................................................... 535
C. Building Grade Report .................................................................................. 583