ASSESSMENT. Industry Solutions Harness the Power of GIS for Property Assessment

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1 ASSESSMENT Industry Solutions Harness the Power of GIS for Property Assessment

2 Esri Canada has thousands of customers worldwide who are using the transforming power of GIS technology to collect, maintain, analyze and assess property information within the context of location. BC Assessment City of Calgary City of Saskatoon City of Winnipeg Government of the Commonwealth of the Bahamas Information Brokerage Limited (IBL) Newfoundland Information Services Corporation of Saskatchewan (ISC) Saskatchewan Assessment Management Agency (SAMA) State of Minnesota Town of Banff Town of Canmore Trois-Rivières

3 Leverage the Power of Geography for Unprecedented Insight & Knowledge Assessment agencies are under intense pressure to deliver high levels of service with limited resources while ensuring that valuations are accurate and up to date. An increase in property counts is placing further pressure on assessment agencies to do more with less. Labour-intensive reassessment cycles are difficult to implement, causing agencies across the country to fall behind. Erosions in data accuracy are leading to possible inequities in property valuations and growing concerns over the cumulative effect on roll quality and assessment appeals. Many assessment agencies must also contend with: Inaccurate or inconsistent data Inadequate integration across systems Limited access to information Increased workloads with fewer resources An inability to analyze, maintain and update data effectively Greater demand for transparency from stakeholders Enter GIS A geographic information system (GIS) integrates hardware, software, and data for capturing, managing, analyzing and displaying all forms of geographically referenced information. As spatial influences significantly impact valuation characteristics, adding a geographic component to property assessment ensures valuations are timely and accurate. Esri Canada offers a market-leading GIS solution that fully integrates with CAMA, providing access to powerful tools for data collection, audits, maintenance and updates, as well as spatial analysis. The result is a GIS-enabled CAMA solution that integrates the strength of both systems into a Geographic-Assisted Mass Appraisal (GAMA) solution. Users can leverage a single platform to perform a wide variety of activities without the need to transfer data between systems. The ability to integrate imagery and view parcels in 3D allows users to perform their work more accurately, helping to reduce the occurrence of appeals. More work is completed at the desktop, often eliminating the need for on-site inspections which translates into significant cost and time savings. Harness the Power of GIS for Property Assessment Esri Canada 1

4 Harness the Power of GIS for Property Assessment Esri Canada s GIS solution helps assessors, real estate agents, surveyors, developers and others to better understand geographic relationships that affect valuations, the reassessment cycle and market fluctuations. A CAMA solution that s been integrated with a GIS is vital for accurate assessments and the ability to collect, convert, manage and share data effectively. Working from a single, geo-enabled system closes the performance gap, allowing you to work more productively, share information easily and keep on top of growing workloads. Automated, Consistent Data Collection Simplified Data Management & Maintenance Intuitive Visualization & Analysis GIS allows for mobile data collection, replacing paperbased forms. This automates the process, allowing all data collected on site including building sketches to be entered directly into the database. As a result, the collection and input process happens much more quickly and data is more consistent. Maps, imagery and workflows can all be integrated into the mobile device for more precise data collection. Full integration with CAMA allows for spatial display, analysis and linkages to valuation entries, without having to transfer data between two systems. GIS empowers CAMA with robust tools for data auditing, maintenance, updating and analysis. Access to better data and photos through an integrated system leads to better, faster and more accurate assessments. A GIS-centric assessment solution provides the ability to analyze spatial influences affecting real estate values through an intuitive map view. Conduct market segmentation analysis, property use analysis and market variable analysis. Valuate entire groups of unsold properties accurately and conduct performance analysis in the context of location. Presenting property information graphically opens the door to a wealth of information that can be quickly assimilated, communicated, understood and explained. 2 Esri Canada Harness the Power of GIS for Property Assessment

5 Through Esri technology, we modernized our data model to meet newly emerging compliance requirements. Data can now be easily edited and shared across the municipality. When preparing property assessment rolls, we know that we re always using the latest information available. Jean-François Métivier coordonnateur, Géomatique Trois-Rivières Predictive Modelling Enhanced Data Cleansing, Auditing & Reporting Facilitate Data Sharing Leverage a robust set of geoprocessing tools to model a variety of tasks. For example, you can run regression analysis to determine expected assessment values for a property given a set of input factors. Easily determine the impact of a proposed change on property values such as a new transit line or tramway. Access quality control tools to audit and cleanse your data. Identify anomalies or find missing data easily through an intuitive map interface. Print off a variety of reports that include imagery along with intelligent maps to communicate with the public, partners or across your organization. Esri s Web services make it easy to share GIS resources across client applications including mobile devices and third-party applications. Resources can also be shared over a local network or the Internet to enhance transparency. Create a Web-based property information portal for inquiries and comparable sales. Harness the Power of GIS for Property Assessment Esri Canada 3

6 Esri Canada s Assessment Solution Assessment Analyst in Action In a single, completely integrated desktop view, display property photos and aerial photography, along with tools to keep track of your reassessment work. Edit building sketches and dynamically see the change in property value. View and correct associated assessment CAMA data. View properties using a variety of data. 4 Esri Canada Harness the Power of GIS for Property Assessment

7 Highrise condominium and commercial building data is easily visualized in 3D. Track and analyze trends including; assessment to sales ratios, vacancy rates and rents. Harness the Power of GIS for Property Assessment Esri Canada 5

8 For more information please contact: Michael Lomax Director, Assessment Founded in 1984, Esri Canada provides enterprise geographic information system (GIS) solutions that empower businesses, governments and educational institutions to make timely, informed and mission-critical decisions by leveraging the power of geography. The company distributes the world s leading GIS software from Esri, along with a comprehensive portfolio of complementary GIS products and services. Headquartered in Toronto, the company serves over 10,000 customers from 16 regional offices across Canada. esri.ca 2014 Esri Canada Limited. All rights reserved. Trademarks provided under license from Environmental Systems Research Institute, Inc. Other product and company names mentioned herein may be trademarks or registered trademarks of their respective owners. Errors and omissions excepted. EC1_0218_0213_12A