What is the first step in the Mass Appraisal Process?

The first step in the Mass Appraisal Process is data collection. This phase is critical as it establishes the foundation for all subsequent appraisal activities. During data collection, appraisers gather pertinent information about properties, including physical characteristics, geographic location, zoning, and market conditions. This data serves as the primary input for developing and validating appraisal models.

Accurate and comprehensive data collection ensures that the models formulated later are based on real, reliable information, which is fundamental for achieving credible appraisal results. Without thorough and systematic data gathering, the integrity of the entire mass appraisal process is compromised, leading to potential inaccuracies in property valuations. This initial step is essential for making informed decisions as appraisers move forward to model development and analysis.