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Economics

University of Tennessee, Knoxville

1950

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A Comparison Of Appraisals Of Residential Properties For Lending Purposes With County And City Assessments Of Identical Properties In Knoxville, Tennessee, 1950, Lawrence O. Ransom Aug 1950

A Comparison Of Appraisals Of Residential Properties For Lending Purposes With County And City Assessments Of Identical Properties In Knoxville, Tennessee, 1950, Lawrence O. Ransom

Masters Theses

(From Justification of the Study)

This study is different from the typical "assessment" study. It is what may be termed a "multiple" comparison of assessments because two assessment ratios are compared with each other, and the assessment ratios are also compared with appraisal ratios made for purposes other than taxation. The study may reveal the inherent variations in any evaluation job. Specifically, do appraisers for lending purposes also under- or over-value property (as assessors are accused of doing) in relation to sales price because of geographic area or because of high or low market value?

It is hoped and believed …