Orange County NC Website
10 <br /> 1 Slide #15 <br /> Reappraisal <br /> Examples of Data collected <br /> QuantitativelObjective QualitativelSubjective <br /> Number of Baths Topography <br /> Land Area Traffic <br /> Square Feet living area Condition <br /> Garage Style <br /> Outbuildings 'Views <br /> Porch size Other ranks <br /> Fireplace — Excellent,Fair,Poor <br /> Other measures and More difficult to verify <br /> counts <br /> 2 <br /> 3 <br /> 4 Slide #16 <br /> Reappraisal <br /> Statistics — Ratio Studies Equity <br /> Assessed values 1 Qualified sales price <br /> Central pendency- .90 to 1.10 <br /> -Median <br /> Spread- 5 to 15, sometimes 20 <br /> —Coefficient of Dispersion <br /> Vertical Equity(.98— 1.03) <br /> —Price Related Differential <br /> 6 <br /> 7 Slide #17 <br /> Median —Accuracy Equity <br /> COD - Precision <br /> 000, <br /> w accuracy! ccw accuracy <br /> w PM14ioaMgh pwi*— <br /> Nigh?cc+rmcr Wgha vracg <br /> Law pltiSK 1 <br /> "hp—Ki- <br /> 8 �,LJPIC <br />