Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Is the base year value of the original property allocated to the replacement property using the same land/improvement ratio?

April 26, 2017allocated base improvement land original Property ratio replacement value year

0

Posted

Is the base year value of the original property allocated to the replacement property using the same land/improvement ratio?

1 Answer

0

Posted

Yes. In most situations, the same land/improvement ratio is used. There are some exceptions to this policy. If you need more information contact the Assessor’s Office. See this page’s last section for contact information.