Commercial Appraiser I - (Olathe) in Lawrence, Kansas For Sale

Determines taxability and value of commercial properties (Office, Retail, Multi-family dwellings, Industrial, Vacant land, etc.) using methods such as field inspections, structural measurement, calculation, sales analysis, market trend studies, and income and expense analysis. Records and enters information in Computer Assisted Mass Appraisal (CAMA) system. Works with representatives within different city code departments to review blueprints and ensure information gathered through field inspections for new construction and miscellaneous permits is reflected in County records for the property. Conducts first and second level Valuation and conducts Informal and Payment Under Protest hearings. Answers questions and advises property owners on appraisal, appeal rights, and processes, documenting evidence, both oral and physical. Prepares and reviews documentation packets for hearings to defend the county's valuation of the property. Exchanges information with property owners, or representatives, either in person or through written or verbal correspondence. Schedules and performs inspections for properties where discrpancies are determined through informal hearings. Reviews, analyzes, and documents information gathered during hearing, (fee appraisals, photographs, repair estimates, additional comparable sales, etc.) and field checks and recommends a decision that best represents "fair market value" based on information available. Documents recommended decision to the Commercial Real Estate Valuation Supervisor or Commercial Real Estate Valuation Manager. Provides additional support documentation in preparation of hearing files proceeding to additional appeal levels. Conducts review of properties once every 6 years and confirms data characteristics. Performs a physical field check of property, documents condition of property, communicates with occupants, re-measures structure and ensures attached features and site improvements are drawn, recorded and the current photo in county record depicts the property. Responds to taxpayer inquiries and appraisal related questions while in the field or in the office. Researches and provides records to property owners as requested, utilizing software, and technology. Reviews sales transactions and conducts interviews with the seller, buyer, or agent on recently sold parcels to gather information. Completes Sales Validation Questionnaires for pertinent sales information to confirm if sales and property characteristics are coordinated with the County CAMA system and notates discrepancies. Confirms and documents the physical condition, vacancy at the time of sale and inquires about future property or business changes that could affect the value. Corrects the CAMA record and property files to reflect characteristics of property at the time of sale; records the sale validity codes and updates the CAMA system. Assigns values that best represent "fair market value'' based upon objective analysis of property and market factors utilizing resources, software and technology available that lends itself in support of the county's final valuation of the property. Provides quality control (QC) on final valuation records by using a standard series of QC reports. Verifies annual cost-to-cost percent changes, income variable consistency, permits versus value changes, Industrial Revenue Bond and Economic Development class properties, improvements on leased land, partial complete structure calculations, rent loss entries, pending stipulation properties, and various other quality control reports. Corrects discrepancies and property characteristics and provides feedback to supervisor on valuation tendencies and market area trends. Develops and tests valuation models for income approach to value and revise property market summaries annually by analyzing income and expense data from: returned annual income and expense questionnaire mailers, rent rolls, operating statements, leases, and fee appraisals submitted to the county through hearings and other evidentiary processes. Reviews and analyzes information gathered from on line listing services that provide current income and expense data, current rent amount, vacant or occupied space, and asking prices for properties. Generates income values and quality control checks for comparison with similar income values, sale square foot ranges of similar properties, and sales ratio data provided by the State of Kansas or Johnson County. Revises and updates property market summary for each property type. Prepares the conclusions obtained from market modeling in the form of matrices that then become guidelines for income, vacancy, and expense parameters.
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