in many taxing jurisdictions, property tax is actually a combo tax on (unimproved) land (square footage/acreage) and on the value of the structure. sometimes th

in many taxing jurisdictions, property tax is actually a combo tax on (unimproved) land (square footage/acreage) and on the value of the structure. sometimes these are the same rate and sometimes not. in other jurisdictions, market value dominates, though they often consider land value and structural value separately as well. once upon a time i managed a product to help assessors determine building values so they could do the necessary discrimination for property taxes.