What does fee appraising involve?

Fee appraising primarily involves the valuation of individual properties. This process typically focuses on assessing a single property at a specific point in time, taking into account various factors such as the property's characteristics, its location, comparable sales, and market trends. Fee appraisers are often hired by individuals, lenders, or businesses to provide an independent and objective estimate of a property's value, which can be crucial for transactions such as buying, selling, or refinancing.

When looking at the other options, mass appraisal of districts implies evaluating multiple properties simultaneously, which is a different approach typically used for taxation purposes rather than fee appraising. Appraising a group of properties also does not align with the focused, individualized nature of fee appraising, as it refers to valuing several properties together rather than on an individual basis. Lastly, assessing property tax values is generally a function of local government assessors rather than fee appraisers, who operate independently to determine market values for various real estate transactions.