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

The contributory value of views, while based on sales data, also varies widely as do the views.
The relationship between the value added based on sales having views compared to other
property in town with views is shown by the View Sample Pictures (Section 10.). This section
aides in the application of adjustment for views, as well as shows consistency in the process.
However, sales data never accounts for every variation of view or value adding feature or
deduction for that matter that the job supervisor may come across in any given town. As such,
experience and knowledge of the local sales must be used to assess these unique properties and
make adjustments for the severity of the feature affecting value in his or her opinion and then
consistently apply that condition.
Intended Use of Report
The intended use of the report is to be a tool for local assessing officials to understand
how the assessments were developed. To help them feel comfortable that the values are
well founded and equitable, as well as help in the future assessment of new homes and
maintenance of property values in the future.
It is not intended to make the reader an assessor, but rather help the reader understand
the process. It is intended to document the facts, assumptions and data used for their
review and use in understanding and explaining the revaluation process.
The use of this report is to present the foundation of the recent revaluation and the
process and procedures used to develop the assessed values for all property in town.
Intended Users of Report
Intended users include, local assessing officials and real estate appraisers and other
assessors.
It may also be used by the public on a more general level to understand the process, facts
and methods used to estimate values.
What This Report is Not Intended to Do
It is not intended to answer any and all possible questions, but rather to document the
revaluation in general terms and enable the local assessor to answer more detailed
questions which may not be readily apparent to the average property owner.
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