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by dfxm12
954 days ago
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It's rare that demand is so high to live so close to such big tree farms, no? The value of that land is likely lower than you are picturing, and thus the tax as well. That said, implementations of LVT vary. Some have lower rates or exemptions for ag. |
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Also, i'm picturing the value of the land literally by what i'm trying to buy it as. Not sure how much more accurate it can get than that (at least, it's as practical as it can get. Since it's literally the sell price). These are pretty rural, fwiw. 5-10 acres, ranging from 150-250k. Heavily depends on distance to towns, interstates, etc.
Fun fact, a couple of the companies that own these lands i refer to also have a few (very limited) special gated communities. Lots that are ~20 acres, with a ton of HOA-like (CCRs) restrictions on preserving the trees. It looks a lot like living _in_ a park. Trails everywhere, etc. I was really close to getting one of those, but wetlands make a lot of purchases difficult here in WA.