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An assessor is a local government official who determines the value of a property for local real estate taxation purposes. The figures assessors derive are used to calculate future property taxes. The assessor estimates the value of real property within a city or town's boundaries.

An assessor is someone registered by the relevant Education and Training Quality Assurance (ETQA) body to measure competence against specified National Qualifications Framework (NQF) unit standards and qualifications.

The role of an assessor is to observe learners in their workplace, provide support and guidance by collecting evidence, assessing their abilities and enabling them to gain their desired qualifications.

After determining the market value of the property, the assessed value will be arrived at by taking its actual value and multiplying it by an assessment rate. ... For example, suppose the assessor determines that your property value is $500,000 and the assessment rate is 8%. The assessed value would be $40,000.

To put it in the simplest of terms, an appraiser is an individual who typically only evaluates one property at a time. An assessor, however, often estimates the value of an entire neighborhood of homes, buildings, complexes, etc.

An assessor looks at information about your property and neighborhood, while comparing it to other properties in your area, to determine the assessed value. The assessor uses the market approach, which is a method to estimate the value based on the selling price of similar homes.

The assessor is a local government official who estimates the value of real property within a city, town, or village's boundaries. This value is converted into an assessment, which is one component in the computation of real property tax bills.

An assessment can mean two different things. A home assessment means the value of the home as determined by the local assessor for the purpose of determining property taxes. ... Home assessments are used only to calculate property tax amounts, while appraisals determine the market value of your home.