Reappraisal

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Reappraisal

An estimation of the value of a property, conducted by a person licensed to do so after an appraisal was previously conducted. Reappraisals are conducted periodically, for example, for property tax purposes.
References in periodicals archive ?
This coping strategy often leads to a new appraisal of the stressfulness of the event, a segment of the coping process called cognitive reappraisal.
The process of altering an initial appraisal on the basis of new information from the environment is called reappraisal. For example, while a police officer might appraise unpleasant comments from a person as threatening, a reappraisal of challenge or irrelevance might be appropriate if the officer detects that the person is influenced by alcohol and is not perceived as personally offensive, abusive or dangerous to others.
Additional study is needed to identify work-related stressors associated with law enforcement, the need to distinguish between different types of stressful events based on their frequency and intensity, and examining cognitive appraisal and reappraisal to adequately reflect the changing nature of the stress process.
For the past several years, reappraisal of property in Benton and Washington counties has become an ongoing affair.
Rumohr said Pinnacle went before the county Equalization Board after the 1993 reappraisal and succeeded in having the amount lowered.
The Bekaert building increased in value by 6.4 percent - from $25.6 million to $27.3 million - since the last reappraisal.
Faced with a tight budget, Franklin County officials were initially worried about meeting payroll because of the cost of reappraisal work.
Reappraisal work in Izard County found 400 houses that weren't on the tax rolls.
"In the last six months, counties are seeing that it's time to get things in order because it's been 10 years since the last reappraisal," says Dewayne Mack, co-owner of Mack-Reynolds Appraisal Co.
The countrywide reappraisal likely will have less impact on the more closely monitored commercial market, in which properties carry a value of more than $2.6 billion.
The countywide reappraisal is expected to have the biggest impact on residential properties.
The last countywide reappraisal in Pulaski County was in 1985.