Property Assessment Quotes

A Land Valuation Tax is a levy on the value of the land unimproved by buildings or other enhancement. The method is already used by insurance companies each year when they calculate your home insurance premium - they separate the cost of a total rebuild of the property from the value of the land itself.

What people ask for has nothing to do with the value of a property. You might see a listing for $300,000 and think you should make a $250,000 bid. But hyper-focus on what the house is worth. You should know what the house is worth by looking at comparable properties. Base your bid on that.

I decided that if nobody else was going to do anything to rectify this colossal inequity in taxation, I'd have to do it myself. So I instituted a suit against the city of Baltimore demanding that the city assessor be specifically ordered to assess the Church for its vast property holdings in the city, and that the city tax collector then be instructed to collect the taxes once the assessment has been made.

Did you know that the state is the proud owner of a condo complex in Conway? This budget adds a real estate manager position to assess what we own, and sell those properties that we don't need and shouldn't own.

[I] wish that the land-tax went a little more according to situation than it does. 'Tis really ridiculous, how one has to pay five times as much as another, without any reason that ever I heard tell.

Sometimes the best properties aren't necessarily the biggest properties.

As to the Income Tax, my opinion is that the needful revenue would be fairly and most fairly raised if paid by property, and by individuals in proportion to their property. A Property Tax should be an assessment upon all land and buildings, and canals and railroads, but not on property such as machinery, stock in trade, etc. The aristocracy have squeezed all they can out of the mass of the consumers, and now they lay their daring hands on those not wholly impoverished.