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How is the value of the CE calculated?

April 26, 2017calculated ce value

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How is the value of the CE calculated?

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If a landowner plans to take advantage of the charitable contribution benefits of a donated CE, or expects a reduction in estate or property taxes, an appraisal is required. This type of appraisal examines the “highest and best use” value of the property and calculates the value of the property before the CE and the value after the CE. The difference between these two values is the “development rights value” that has been extinguished by the CE.