A Context® rating references a series of twelve variables in determining an index applicable to rating property improvements. Twelve additional variables – independent from property improvements characteristics – are considered in determining location rating.
In calculating a "graded index" each variable is assigned a weighted value based on the variable's importance to determining a property's relative desirability, then rated under a scale. A resulting graded index is independently applied to every Metropolitan area 50+ unit apartment community.
For more information relating to considerations applied to the Context rating, reference How We Rate Property Improvements, and How We Rate Location.