> and a property assessor calculated that our house represents 30-35% of the total value of our property. THIS! I live in Ontario (Canada) and my property ass

> and a property assessor calculated that our house represents 30-35% of the total value of our property. THIS! I live in Ontario (Canada) and my property assessment shows something similar, the value of the home is ~40% of the assessed value. There are plots of land in Toronto where the house is not livable selling for north of a million dollars. Given they have no house, it is purely land value.