During a property assessment, what is typically the first step an appraiser will take?

The first step an appraiser typically takes during a property assessment is to gather property information. This foundational step is essential for understanding the specifics of the property in question, which includes details such as its size, age, condition, and features. By collecting this information, appraisers lay the groundwork necessary for the appraisal process, enabling them to make informed judgments later on.

Gathering property information allows the appraiser to create a comprehensive picture of the property, which is crucial for accurately assessing its value. Without this initial information, any subsequent analyses—whether looking at comparable sales or reviewing market trends—would be based on incomplete data, potentially leading to inaccurate valuations.

Once the property information is established, the appraiser can proceed effectively with the other steps in the appraisal process, like conducting a site visit or analyzing comparable sales. These subsequent activities build on the knowledge obtained during the information-gathering phase, ultimately leading to a more precise property valuation.