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How will the Department value parcels with residential improvements which are zoned for other uses?

April 26, 2017Department improvements parcels Residential uses value zoned

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How will the Department value parcels with residential improvements which are zoned for other uses?

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A – The value will be determined by an appraiser based on the proposed highest and best use of the parcel or by bidders at an auction based on the parties’ informed opinion of the value of the parcel after taking all available relevant information into consideration.