Competitive or
Comparable Market Analysis (CMA)
This
is the process that is used by real estate appraisers to
estimate the value of a property. In summary, a CMA is
completed by reviewing all recent property sales in an area
and determining what a typical sized house is selling for
given such items as square footage, number of bedrooms, amount
of land, etc. By the end of a CMA, the appraiser will be
able to estimate the value of all properties in an area.
Your property taxes are determined by CMA studies done over
the entire county you live in.
Visit this online resource for home valuations:
Electronic Appraiser
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Tax
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REITs
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