This session explores two often-overlooked challenges to assessment equity: capturing the unique building and unit characteristics that drive condominium values and accurately valuing high-end non-residential properties where data and traditional methods can fall short. Through real-world examples, presenters will show how better data, classifications, and valuation approaches can uncover hidden inequities and improve consistency across the tax base.
The REAL Equity Problem in Assessment
Keywords: Assessment Equity, Mass Appraisal & Valuation Modeling, IntermediateKevin Keene, Consultant, Keene Mass Appraisal ConsultingValuing Vertically: Modernizing Condominium Mass Appraisal in Philadelphia
Keywords: Mass Appraisal & Valuation Modeling, Assessment Equity, Beginner
Jimmy Williams, MSc, CPE, CBP, CCA, Mass Appraisal Supervisor, Philadelphia Office of Property Assessment, PAAlex Raju, CPE, Supervisor of Analytics, Philadelphia Office of Property Assessment, PAAnthony Ruocchio, CPE, Deputy Administrator, Philadelphia Office of Property Assessment, PA