Looking For Trouble

Estimated values can be reviewed in a variety of ways including scatter plots, GIS mapping and stratification analysis.  Extreme data may create visible problems.

Sample scatter plot-sale ratios versus effective age:
Here the variation in the oldest (+100 years) properties compares reasonably well to the more typical 50 to 60 year ages.

Sample GIS mapping:
Ratios can be mapped to look for patterns and problems.   And you can satisfy your inner artist.

Sample stratification statistics:
For an examplehere ratios for the living area size groups are analyzed (estimated sale prices versus time adjusted actual sale prices).  The very largest and smallest groups both have medians within one percent of 100.  Not surprisingly COD tends to rise at both extremes.

Related articles

You may also be interested in

Province of Manitoba Job Opportunities

Assessment Officer (Developmental Opportunity) Advertisement Number: 43066, 43067, 43068, 43069Job Title: Assessment Officer 3Job Classification: AS3Job Type: Regular Full-timeDepartment: Municipal and Northern RelationsProperty Assessment Services,

City of Winnipeg Job Opportunity – Field Assistants

Field Assistant (Up to 8 positions) Department: Assessment & TaxationDesignated Work Location: 457 Main Street – Hybrid with designatedwork locationPosition Type: Permanent, Full-timeSalary: $1,930.97- $2,336.81

Hot daily news right into your inbox.