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>separating the value of land and improvements is practically impossible. is routinely done in countries in which variants of land value tax are implemented.
by kspacewalk2 4y ago
>separating the value of land and improvements is practically impossible.
is routinely done in countries in which variants of land value tax are implemented.
- beefman 4y agoIt's routinely done in appraisals where I live too. Doesn't mean it's in any way accurate, as required to make the mechanism in the grandparent comment work.
- zip1234 4y agoValuing a building+land is already done and used for property tax purposes. Why do you think it would be worse or less accurate to just remove building part?