What should be done with the Sales Price, Assessment Amounts, Sales Ratios, and Deviations?

The correct approach involves summing up the Sales Price, Assessment Amounts, Sales Ratios, and Deviations to derive meaningful insights from these values. When appraisers analyze property sales data, they typically look for overall trends and comparative analysis. Summing these variables allows for a comprehensive view of the market activity and can help in assessing the total effectiveness of the assessments in relation to actual sales prices.

By aggregating these figures, appraisers can identify the total deviation in property assessments versus actual sales, thereby understanding how closely assessments match market realities. This information is crucial for making adjustments in future assessments and ensuring fair taxation and valuation processes.

In contrast, merely recording them separately would not provide valuable insights into market trends, while multiplication or averaging these variables wouldn't yield a useful statistic relevant for assessing overall performance. With summation, the cumulative data can formulate clearer conclusions that are beneficial for appraisal practice.