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Assignment Brief and Guidance
Please visit Miami-Dade’s Property Appraisal Website ( http://www.miamidade.gov/pa/property_value.asp ) and
answer the following questions in your own words. For each of
these, make sure to provide an example in lay terms, so that
someone who is not familiar with property valuation or finance can
understand:
What is “property value”, and how does it work? What comprises
how property values are determine? Please elaborate on each of the
three ways and provide an example. How are the three ways that
assessed value is calculated? Provide an example which will help
someone who is unfamiliar with the topic to understand. What is
“taxable value”, and how is it calculated? Provide an example.

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