I agree, but you are talking about is price of land, not its value; taht is market price!!!The difference makes the difference.
Alexander Guerrero ----- Original Message ----- From: "Fred Foldvary" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Friday, November 02, 2001 2:20 AM Subject: RE: Tax with positive growth effect > --- Alexander Guerrero <[EMAIL PROTECTED]> wrote: > > How do you estimante market value? > > With respect to land value, besides monitoring sales and rentals of > undeveloped land or sites such as parking lots, one estimates the > cost of replacing the building, subtracts depreciation, and that > amount is subtracted from the prevailing market prices in that > neighborhood to estimate the land value. > > > and what kind of land you are talking about > > All land. > > Fred Foldvary > > ===== > [EMAIL PROTECTED] > > __________________________________________________ > Do You Yahoo!? > Find a job, post your resume. > http://careers.yahoo.com >