Where does RICHARD KANE & ASSOCIATES LTD. get the data used to estimate values?

One of the most important tasks an appraiser performs is to assimilate data. Data can be split into Specific or General. Specific data is from the home itself; Location, condition, amenities, size and other specific data are documented by the appraiser during an inspection.

General data is gathered from a many sources. Local Multiple Listing Services (MLS) provide information on recently sold homes that might be used as comparables. Tax records and other public documents verify actual sales prices in a market. Appraisers often need to report when a property lies in a flood zone, and that information is retrieved from a FEMA data outlet such as a la mode's InterFlood product. 

And last but not least, the appraiser assimilates general data from his or her past experience in creating appraisals for other houses in the same market.