[analog31]

In my locale, assessments are required to be based on market value. The market doesn't assign a separate value to the house and the land.

[sbzodnsbd]

No but the assessor can - and in every place I’ve owned property, does - give you a breakdown.

Heck, the breakdown is required information in your federal taxes if you want the depreciation expense.

And for all of us who don’t live in crazy-land CA, we have to get assessed since my purchase price (I.e. market value) ten years ago is meaningless today.