Firms must provide ongoing valuation services covering the following: Market-Based Assessment & Trend Analysis • Quarterly reports on regional and national market trends affecting industrial and commercial property values. • Benchmarking studies comparing local valuations against industry averages. Industrial & Commercial Property Valuation Adjustments • Data-driven valuation recalibrations to reflect economic shifts, investment trends, and regulatory requirements. • Periodic reassessments of high-value properties to ensure tax compliance. • Cost-based, income-based, and sales-comparison valuation models tailored to each property type. Regulatory & Compliance Reviews • State-mandated assessment alignment to prevent appeals and disputes. • Tax classification verification to ensure accurate reporting. Stakeholder Engagement & Appeals Support • Scheduled consultations with property owners and businesses to explain valuation methodology. • Appeals assistance, including presenting valuation findings during hearings. • Coordination amongst County Assessors, Economic Development Leaders, and Local Taxing Bodies. Digital Reporting & Data Integration • Development of standardized electronic valuation reports compatible with the County’s database. • Interactive dashboards providing real-time valuation updates for public access...
