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2. Real estate appraisal - Wikipedia

   en.wikipedia.org/wiki/Real_estate_appraisal

   Real estate appraisal, property valuation or land valuation is the process of assessing the value of real property (usually market value). Real estate transactions often require appraisals because every property has unique characteristics.

3. 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] Some economists favor LVT, arguing it does not cause economic inefficiency, and helps reduce economic inequality. [2] A land value tax is a progressive tax, in that the tax burden falls on land owners, because land ownership is correlated with wealth and ...

4. Property tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Property_tax_in_the_United...

   Most local governments in the United States impose a property tax, also known as a millage rate, as a principal source of revenue. [1] This tax may be imposed on real estate or personal property. The tax is nearly always computed as the fair market value of the property, multiplied by an assessment ratio, multiplied by a tax rate, and is generally an obligation of the owner of the property ...

5. Commercial property - Wikipedia

   en.wikipedia.org/wiki/Commercial_property

   Commercial property, also called commercial real estate, investment property or income property, is real estate (buildings or land) intended to generate a profit, either from capital gains or rental income. [1] Commercial property includes office buildings, medical centers, hotels, malls, retail stores, multifamily housing buildings, farm land ...

6. Land value tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Land_value_tax_in_the...

   Land value tax in the United States Land value taxation (i.e. property tax applied only to the unimproved value of land) has a long history in the United States dating back from Physiocrat influence on Thomas Jefferson and Benjamin Franklin. It is most famously associated with Henry George and his book Progress and Poverty (1879), which argued that because the supply of land is fixed and its ...

7. Sales comparison approach - Wikipedia

   en.wikipedia.org/wiki/Sales_comparison_approach

   Sales comparison approach The sales comparison approach (SCA) is a real estate appraisal valuation method that relies on the assumption that a matrix of attributes or significant features of a property drive its value. For examples, in the case of a single family residence, such attributes might be floor area, views, location, number of bathrooms, lot size, age of the property and condition of ...