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2. Real estate appraisal - Wikipedia

   en.wikipedia.org/wiki/Real_estate_appraisal

   Real estate appraisal, property valuation or land valuation is the process of assessing the value of real property (usually market value). Real estate transactions often require appraisals because every property has unique characteristics.

3. Highest and best use - Wikipedia

   en.wikipedia.org/wiki/Highest_and_best_use

   If the value of the commercial lot as vacant in "House B" exceeds the value of house as a residence as improved plus demolition costs, the overall highest and best use of this property would be the as vacant value of the commercial lot. For example, assume that "House B" has a value as a house of $200,000, and a site value as a commercial lot ...

4. Sales comparison approach - Wikipedia

   en.wikipedia.org/wiki/Sales_comparison_approach

   The sales comparison approach (SCA) is a real estate appraisal valuation method that relies on the assumption that a matrix of attributes or significant features of a property drive its value. For examples, in the case of a single family residence, such attributes might be floor area, views, location, number of bathrooms, lot size, age of the ...

5. Land value tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Land_value_tax_in_the...

   Nearly 20 Pennsylvania cities employ a two-rate or split-rate property tax: taxing the value of land at a higher rate and the value of the buildings and improvements at a lower one. This can be seen as a compromise between pure LVT and an ordinary property tax falling on real estate (land value plus improvement value). [19]

6. Land value tax - Wikipedia

   en.wikipedia.org/wiki/Land_value_tax

   A land value tax (LVT) is a levy on the value of land without regard to buildings, personal property and other improvements upon it. [1] Some economists favor LVT, arguing it does not cause economic inefficiency , and helps reduce economic inequality . [ 2 ]

7. How much does a home appraisal cost? - AOL

   www.aol.com/finance/much-does-home-appraisal...

   “An appraisal is always in the best interest of the buyer, as it will assess the value of the property and help the buyer have confidence in the purchase price of the home,” says Jackie Boies ...