NCTech is the global leader in providing fast, cost-effective, and scalable street-level data solutions. Specializing in high-resolution panoramic imagery and LiDAR, NCTech offers invaluable resources to agencies and companies worldwide.
This article delves into how NCTech’s street-level imagery and GIS data services are revolutionizing the field of property assessment. We will explore six key benefits that assessors derive from these advanced technological solutions, each highlighting the transformative impact of NCTech’s services on operations, efficiency, accuracy, and overall workflow in property appraisal and tax assessment.
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NCTech’s Perspective:
Reflecting on customer feedback on the benefits our street-level imagery and GIS data bring to the field of property assessment, it’s evident that technology plays a crucial role in modernizing and enhancing traditional processes. Industry professionals continually share the importance of accuracy, efficiency, and transparency in property appraisal and tax assessment. NCTech’s solutions are designed to address these needs, offering assessors tools that simplify their work and elevate the standards of property assessment practices.
Street-Level Imagery and GIS Data Services
1. Improved Property Assessments:
Identifying Changes for Accurate Valuations
NCTech’s street-level imagery significantly enhances property assessments. Assessors can now quickly identify recent modifications or improvements to properties. This ability leads to more accurate valuations and reduces the need for frequent physical parcel inspections. By harnessing this technology, assessment offices can ensure that property values reflect current conditions, promoting fairness and accuracy in tax assessments.
2. Increased Efficiency and Cost Savings:
Minimizing Field Visits through Advanced Imagery
Field visits for property assessment are time-consuming and costly. NCTech’s street-level imagery addresses this challenge by reducing the need for unnecessary site visits. Assessors can identify property changes more efficiently, saving time and resources. This technological advancement enhances operational efficiency and contributes to significant cost savings for assessment departments.
“Staying ahead in property assessment means embracing cutting-edge solutions,” says Dr. Neil Tocher, Chief Technology Officer at NCTech. “Our commitment to providing advanced street-level imagery and GIS data is unwavering as we continue to support assessors in their vital work.“
3. Verification of Data and Improved Accuracy:
Ensuring Precision in Property Assessments
Accuracy is paramount in property assessments. NCTech’s street-level imagery enables assessor’s offices to validate data from other sources, resulting in higher accuracy. This capability is crucial in ensuring that property assessments are based on the most reliable and up-to-date information, thereby enhancing the credibility and trustworthiness of the assessment process.
4. Reduced Appeals and Disputes:
Fostering Transparency and Understanding
Current high-quality imagery provided by NCTech is vital in reducing appeals and disputes related to property assessments. With transparent and data-driven valuation decisions, property owners can better understand the basis of their tax assessments, leading to fewer disagreements and a smoother assessment process. This clarity and transparency of process is essential for maintaining a positive relationship between property owners and assessment authorities.
5. GIS and CAMA Integration:
Enriching Systems for Comprehensive Appraisal
NCTech’s Esri-compatible street-level imagery enriches the data available within Geographic Information Systems (GIS) and Computer Aided Mass Appraisal (CAMA) systems. This integration improves workflow efficiencies and offers a more holistic view of each property. By enhancing these systems with detailed imagery, assessors can work more effectively, ensuring a comprehensive assessment process.
6. IAAO Compliant:
NCTech Imagery conforms to IAAO Standards for Mass Appraisal
The world’s premier trade association for tax assessment professionals, IAAO (International Association of Assing Officers) publishes a Standard on Mass Appraisal of Real Property. Section 3.3.5 of IAAO standards states, “Current high-resolution street-view images (at a sub-inch pixel resolution that enables quality grade and physical condition to be verified).” NCTech surpasses these stipulated requirements.
Conclusion
NCTech is redefining the landscape of property assessment through its innovative street-level imagery and GIS data solutions. By offering improved assessment accuracy, enhanced efficiency, data verification, reduced appeals, and seamless system integration, NCTech is not just a service provider but a partner in progress for assessors worldwide.
More About NCTech:
NCTech has built a reputation as being the fastest, most cost-effective, and scalable street-level data provider. As a leader in high-resolution street-level imagery, NCTech collects, analyzes, and delivers high-resolution panoramic imagery and LiDAR to local and county Assessors. Our mission is to elevate stakeholder satisfaction. We achieve this by integrating imagery with premier GIS and CAMA technology platforms and advanced data extraction services.