What kind of information would an appraiser typically gather from transit authorities?

An appraiser typically gathers general data from transit authorities because this type of information is crucial for understanding the broader context in which a property sits. General data can include trends in public transportation usage, expansion plans, and operational information about transit services, all of which help appraisers assess how proximity to transit options can influence property value.

Understanding general data is essential for evaluating a property's accessibility and desirability, which are critical factors in real estate appraisal. For instance, knowing about planned transit developments can indicate potential increases in property demand in the future. This broad-ranging information supports comprehensive market analyses, enabling appraisers to draw conclusions that will inform their valuation assessments.

In contrast, the other types of data mentioned—environmental, site, and specific data—while valuable, focus on narrower aspects of the appraisal process. Environmental data pertain to conditions affecting a location, site data includes information specific to the physical characteristics of the property itself, and specific data relates to the unique features or circumstances of the property in question. All are important, but general data from transit authorities provides the most relevant insight into market dynamics influenced by public transportation.