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  2. 8 home value estimator websites compared - AOL

    www.aol.com/finance/8-home-value-estimator...

    Zillow. Zillow’s Zestimate is one of the best-known home value estimators out there, and like many of its competitors, all you need to use it is the home’s address. Per the company’s website ...

  3. Highest and best use - Wikipedia

    en.wikipedia.org/wiki/Highest_and_best_use

    The Appraisal Institute defines highest and best use as follows: The reasonably probable and legal use of vacant land or an improved property that is physically possible, appropriately supported, financially feasible, and that results in the highest value. The four criteria the highest and best use must meet are legal permissibility, physical ...

  4. Land value tax - Wikipedia

    en.wikipedia.org/wiki/Land_value_tax

    A land value tax ( LVT) is a levy on the value of land without regard to buildings, personal property and other improvements upon it. [1] It is also known as a location value tax, a point valuation tax, a site valuation tax, split rate tax, or a site-value rating . Some economists favor LVT, arguing it does not cause economic inefficiency, and ...

  5. Real estate appraisal - Wikipedia

    en.wikipedia.org/wiki/Real_estate_appraisal

    Real estate appraisal, property valuation or land valuation is the process of developing an opinion of value for real property (usually market value).Real estate transactions often require appraisals because they occur infrequently and every property is unique (especially their condition, a key factor in valuation), unlike corporate stocks, which are traded daily and are identical (thus a ...

  6. Property Taxes: What They Are, How They’re Used and ... - AOL

    www.aol.com/property-taxes-used-calculate-them...

    It represents a dollar per thousand of a property’s assessed value. The tax rate is applied to the assessed value to calculate the property tax bill. Step 3: Calculate Property Tax.

  7. How Are Property Taxes Calculated? - AOL

    www.aol.com/finance/property-taxes-calculated...

    To make the calculation, take all the combined mills and divide the sum by 1,000. Next, multiply the mill rate by the home’s taxable value to determine your property taxes. For example, if there ...

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