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 Motor Vehicle Appraisal for Tax Collector Hearing Bonded  Txdmv 2011

2011-2025 Form

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[Music] hello this is pat o'connor and the topic for this video is is mass appraisal reliable and if not what can you do about it well first of all what is mass appraisal mass appraisal is the method that appraisal districts across the united states use to value hundreds of thousands of properties at one time it's sort of like hitting the easy button and you generate a hundred thousand or a million values with one press of the button so how do they do it well they have a table with information on the properties and as you can imagine it's impossible to have accurate information on hundreds of thousands of properties and then they have a data table i call it a factor table that has information on construction costs by grade of construction depreciation tables and costs of extra features like fencing pools spas etc and then finally they have a model that melds together the data from the property table and the factor table to generate a value once they have these t

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