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I'm trying to imagine the context where there is a property in an area with high sales pushing the price of land tax up but this property isn't worth a similar
by TapWaterBandit 3y ago
I'm trying to imagine the context where there is a property in an area with high sales pushing the price of land tax up but this property isn't worth a similar amount for being in the same area.
If people are buying in an area and that drives up prices because it shows the area is valuable, in what conditions would your land not be worth a similar (ish) value?
- xyzzy123 3y agoYou might have a heritage building, you might have some kind of natural feature that needs to be preserved, you might have some kind of issue like site contamination, there are lots of ways. If you're lucky the tax ratings might take them into account, if you're not, they won't.