Assessment Process

 

Inventory:

•  Analyze available resources
• Select and collect appropriate data
• Stratify properties into appropriate groups
• Highest and best use analysis

 

Valuation:

•  Select the appropriate approach(es) to value
• Select the appropriate model form
• Analyze data/calibrate the model
• Verify the models
• Market value estimate
• Apply model results to the population

 

Validation:

• Quality assurance
• Ratio studies
• Assessment uniformity
• Horizontal & vertical equity
• Standards

 

Apply values to the roll

 

For additional information regarding assessment details for your property contact the assessor at the MD of Taber Office (403) 223-3541