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    • Disclaimer first: I work for an independent residential real estate appraiser and not the assessor's office so I don't know the specific details of how they do it. I know they use the term mass appraisal referring to what they do. Tools they have are that every property record card has data for the site size and improvements sizes (broke out into basements, above grade living area, garages, and any other out buildings) along with quality ratings and age for each. They also have a record of the exact sales price (from the required filing of the Settlement Statement signed at closing). From this they could calculate a per square foot value based on sales of similar homes in the area and extrapolate the value of the other homes. If a property owner disagrees with the value then they can request a review. Someone from the assessor's office will visit the home to get more details. Or the homeowner can hire an independent appraiser to value the home and send that report to the assessor. And yes, the fluctuations in the economy do alter the property values and the tax revenue. It's therefore in the government's best interest to keep things rolling along nicely. Surprisingly (or not) home values are slow to move up or down unless there are drastic changes in the economy. What we do when appraising a property is specific to that subject (the home being appraised). We find sales of the most similar homes and compare them to the subject. Then make adjustments (plus or minus) in the appraisal grid for differences. Like for the square footage of the home, one that is larger is adjusted downward on a per square foot basis and a smaller comparable home is adjusted upward. Same for differences in garage capacity and every other major feature. Once all the differences are accounted for the bottom line gives an indication of value. At a minimum there will be 3 comparable sales used, but we've done reports with as many as 9. These latter ones because of so many features which need bracketing (having both better or lesser of specific amenities). I'm not sure it that helps. I haven't tried to explain what goes on at work before.
    • @LivingInThePast Your user name somehow matches with the attitude in your comment I know the game internals and I can tell you that there is a solid technical base. One that can be modified/replaced in many ways. It's just that many of the default assets and some of the city services are bad. Talking about limits: Actually manpower is the real limit we are facing. That's reason why I never published the larger zones mod. CO integrated a lot of mods into the base game. Just think about road naming, priority roads, sub buildings, building styles, better measurement/snapping, multi-track stations, new road options and the upcoming road modding tool that was announced a while ago. Both technically possible. And while these were not made yet, we got many other things to play with. Why so pessimistic?
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