“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

“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