The interior and exterior of each property is typically inspected. For example, inspectors will record number of bathrooms, verify measurements, interior finishes, age of property.
In short, all information believed to influence value is reviewed and analyzed to make a proper determination of each property’s full and fair value.
In addition, recent sales of properties are studied and possibly adjusted to estimate the value of property that has not been sold. Property purchased for investment purposes is analyzed for its income-producing capability.