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Do you have examples from any of these cities we can look at? I am in Seattle, for example, and the land my property is on is 1/10th of the total taxed value. T
by eightysixfour 3y ago
Do you have examples from any of these cities we can look at? I am in Seattle, for example, and the land my property is on is 1/10th of the total taxed value. The real value is inverted.
- ejstronge 3y agoI don’t have examples but in my coastal city, land values (for homes) are near 20% of the improvement. Edit: I'm seeing 40% land value compared to total assessed value for homes in my neighborhood, incidentally
- Tiktaalik 3y agoLook at bcassessment for a great website that shows the property values of British Columbia with land and improvements broken out. It’s updated annually as the assessments are updated Looking at Vancouver for an example it’s easy to see how often the houses themselves are insignificant when compared to the value of the underlying land.