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  2. Highest and best use - Wikipedia

    en.wikipedia.org/wiki/Highest_and_best_use

    If the value of the commercial lot as vacant in "House B" exceeds the value of house as a residence as improved plus demolition costs, the overall highest and best use of this property would be the as vacant value of the commercial lot. For example, assume that "House B" has a value as a house of $200,000, and a site value as a commercial lot ...

  3. Land value tax - Wikipedia

    en.wikipedia.org/wiki/Land_value_tax

    Real estate values. The value of land reflects the value it can provide over time. This value can be measured by the ground rent that a piece of land receives on the market. The present value of ground-rent is the basis for land prices. A land value tax (LVT) will reduce the ground rent received by the landlord, and thus will decrease the price ...

  4. Automated valuation model - Wikipedia

    en.wikipedia.org/wiki/Automated_valuation_model

    Automated valuation model. An Automated Valuation Model (AVM) is a system for the valuation of real estate that provides a value of a specified property at a specified date, using mathematical modelling techniques in an automated manner. [1] [2] AVMs are Statistical Valuation Methods and divide into Comparables Based AVMs and Hedonic Models.

  5. How to Calculate Your Potential Real Estate Appreciation - AOL

    www.aol.com/finance/calculate-potential-real...

    Real estate appreciation refers to the gradual increase in the value of an owned property over time. This increase in value can occur due to various reasons, such as shifts in the real estate ...

  6. House price index - Wikipedia

    en.wikipedia.org/wiki/House_price_index

    House price index. A house price index (HPI) measures the price changes of residential housing as a percentage change from some specific start date (which has an HPI of 100). Methodologies commonly used to calculate an HPI are hedonic regression (HR), simple moving average (SMA), and repeat-sales regression (RSR).

  7. How Are Property Taxes Calculated? - AOL

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

    Next, multiply the mill rate by the home’s taxable value to determine your property taxes. For example, if there are 9.5 total mills in your local tax district and your home’s taxable value is ...

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