2013 Assessment Manual

Section 1 - Letter of Transmittal (PDF)

• Intended Use of this Appraisal Report
• Intended Client of this Report
• Other Users of this Report
• Date of Value of this Report
• Type and Definition of Value
• Identification of the Property Rights Assessed
• Extent of Property Inspections
• Certification of Value
• MS1 2013 Report

Section 2 - Scope of Work (PDF)

• Identification of Assumptions and Limiting Conditions
• Scope of Work as Identified in In-House Work Plan
• Brief Description of Assessed Properties
• Determination of Highest and Best Use
• Approaches to Value Considered and/or Utilized

Section 3 - Development of Values (PDF)

• Description of Basic Valuation Theory and Mass Appraisal
• Period of Time Associated with Sales/Data Collection
• Data Collection and Sales Verification Procedures
• Number of Sales Utilized in Study
• Description of Data Calibration Methods
• Significance of Adjustments and Factors

Section 4 - Time Trending (PDF)

• Explanation and Derivation of Time Trending Factors
• Ratio Summary by Sale Date
• Non-Residential Properties
• Non-Residential Properties Sales for 2009, 2010, 2011, 2012 & 2013
• 2012 NH Department of Revenue Equalization Summary

Section 5 - Land and Neighborhood Data (PDF)

• Commercial/Industrial Land Analysis and Parameters
• Commercial Categories of Land and Land Pricing, Acreage Discounts
• Land Curve Parameters (Area/Size Adjustment Factors)
• Apartment Land Pricing
• Manufactured Housing Land Pricing
• Commercial/Industrial Condominiums
• Commercial and Industrial Land Analysis
• List of Qualified Commercial /Industrial Land Sales
• List of Unqualified Commercial/Industrial Land Sales
• Residential Land Analysis
• Residential Categories of Land and Land Pricing
• Residential Land Pricing
• Residential Condominium Land Pricing
• Manufactured Housing Land Pricing
• List of Qualified Residential Land Sales
• List of Unqualified Residential Land Sales
• Residential Neighborhood Multiplier
• Summary by Land Neighborhood
• Residential Site Indexes
• Summary by Site Index
• 2013 Residential Street Site Index
• Land Use Cost Settings
• Zoning Districts and Allowable uses Article 28-2
• Development Design Standards Article 28-4

Section 6 - Improved Property Data (PDF)

• Types of Depreciation Considered and/or Utilized
• Depreciation Schedules - Single Family, Residential Condo, Manufactured Housing and Non-Residential
• Summary by Actual Year Built
• Commercial, Industrial and Residential Cost/Market Valuation
• Building Costs
• Base Rates
• Summary by Style
• Building Cost Tables, Allowable Construction Entries
• Outbuilding Codes
• Extra Feature Codes
• Grade Coefficients - Single Family, Residential Condos, Manufactured Housing and Non-Residential
• Summary by Residential Grade
• Size Adjustment Factor
• Summary by Building Size

Section 6 - Improved Property Data (continued) (PDF)

• Sub Area Codes
• Improved Property Value Support
• Residential Building Cost Trend Factor
• Summary by Assessing Neighborhood (Buildings)
• Residential Condominiums
• Summary by Condominium Neighborhoods
• Condominium Neighborhood Codes
• Condominium Unit Type Codes
• Condominium Unit Location Codes
• Residential Manufactured Homes
• Manufactured Housing Neighborhood Codes
• Summary by Manufactured Homes Neighborhoods
• List of Qualified Improved Residential Sales
• List of Unqualified Improved Residential Sales
• List of Qualified Improved Commercial/Industrial Sales
• List of Unqualified Improved Commercial/Industrial Sales

Section 6 - Income Approach - Described (continued) (PDF)

• Income, Expense, Vacancy and Capitalization
• Actual Income, Expense and Vacancy Data
• Data Calibration
• Non-Residential Building Costs

Section 7 - Statistical Analysis, Testing and Quality (PDF)

• Ratio Study Using New Assessed Values
• Ratio Study Using Old Assessed Values
• COD Study Using New Assessed Values
• COD Study Using Old Assessed Values
• PRD Study Using New Assessed Values
• PRD Study Using Old Assessed Values
• Strata Using New Assessed Values
• Strata Using Old Assessed Values

Section 8 - Appendices (PDF)

• Appendix "A" Copy of In-House Work Plan Specific to the Report
• Appendix "B" Individuals Responsible/Assisting in Completion of Report
• Appendix "C" Qualifications
• Appendix "D" Unqualified and Qualified Sale Codes
• Appendix "E" Definitions
• Appendix "F" City Wide Neighborhood Map
• Appendix "G" Commercial/Industrial Site Index Map