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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. Property tax - Wikipedia

    en.wikipedia.org/wiki/Property_tax

    Rates vary across the states, between about 0% and 4% of the home value. The assessment is made up of two components—the improvement or building value and the land or site value. The property tax is the main tax supporting local education, police, fire protection, government, roads, and most infrastructure, e.g. sewers, bridges, street lights.

  4. 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 ...

  5. 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 ...

  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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