What does "CAMA" stand for in property assessment?

CAMA stands for Computer-Assisted Mass Appraisal, which refers to a system used by assessors to evaluate properties for tax purposes using computer software. This approach incorporates mass appraisal techniques that allow for the valuation of a large number of properties efficiently and consistently. CAMA systems facilitate the use of various data inputs, including property characteristics, sales data, and economic trends to derive property values.

This method is essential in property assessment because it helps to standardize valuations across a municipality or jurisdiction, ensuring fairness and accuracy in tax assessments. It significantly streamlines the appraisal process, allowing assessors to manage large datasets and apply statistical models to estimate property values effectively.