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2. Land value tax in the United States - Wikipedia

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

   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 ...

3. 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.

4. Property tax - Wikipedia

   en.wikipedia.org/wiki/Property_tax

   The land property tax, called "territorial tax" or "contribution", is an annual amount paid quarterly by the property's owner. It is determined as a percentage of the property's "fiscal value", which is calculated by the Internal Revenue Service, based on the property's land and built area, construction materials, age, and use.

5. What is a broker price opinion (BPO)? - AOL

   www.aol.com/finance/broker-price-opinion-bpo...

   A BPO in real estate stands for “broker price opinion,” which is an estimate of a property’s value conducted by a real estate broker, agent or qualified realty firm. Lenders commonly request ...

6. Martin County estimated property values show record ... - AOL

   www.aol.com/news/martin-county-estimated...

   The estimated tax roll, which accounts for the 2021 calendar year, will help county, school and local officials to set property-tax rates during summer budget meetings. The 2022-23 budget year ...

7. Highest and best use - Wikipedia

   en.wikipedia.org/wiki/Highest_and_best_use

   The highest and best use of the site is to demolish the house and sell the site as a commercial lot. The market value would be $225,000 ($250,000 site value minus $25,000 demolition cost). However, if the demolition costs rose to $55,000, the highest and best use would be the existing residential use, because the value as a commercial lot (now ...