Sales-comparison method forms basis for most county home valuations

Chelsea, whose role was not specified in the transcript, told a questioner that assessors most commonly rely on a sales-comparison approach when valuing homes. "The 1st is the sales comparison approach. Probably the most intuitive one, we look at what similar properties nearby have actually sold for, then adjust for any differences between them," she said. The method compares recent sales of similar properties and adjusts for differences such as size, condition and amenities.