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by sbzodnsbd 2615 days ago
“The difference matters” I don’t see how, but I don’t fully understand how your assessment works. My city’s assessment is close to the market value [1] for the whole property, so it’s a mute point.

Either way, they do give me a breakdown, which I agree is right (land about 33% of overall value).

Again, for rental properties, there is a disincentive to having low density housing (my condo value in a 20 story building is assessed as 20% land)

[1] close to what I believe I can sell the house for