Mass Appraisal 101

05/13/2024 12:00 PM | Dawn Anastasi (Administrator)

By Samuel A Walker, City Assessor

What is Mass Appraisal?

  • Definition: Mass appraisal is the process of valuing a large number of properties simultaneously.
  • Purpose: To determine property values for taxation, assessment, or other purposes (ex. TIF values).
  • Scope: Typically used for entire neighborhoods or communities.

Why Use Mass Appraisal?

  • Efficiency: Faster and cost-effective compared to individual appraisals.
  • Fairness: Ensures equitable property valuation.
  • Consistency: Provides consistent valuations for similar properties.
  • Timeliness: Enables regular assessment updates.
See Full Document Here (PDF)

ATTRIBUTION: You are free to share this content, copy and redistribute the material in any medium or format for any purpose, even commercially, however you must give appropriate credit. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.

Rental Property Association of Wisconsin, Inc. (Formerly AASEW)
P.O. Box 4125
Milwaukee, WI 53204-7905
Phone: 414-276-7378


Powered by Wild Apricot Membership Software