What Is the Difference Between Land Value and Building Value?

Assessment records may separately identify the value assigned to the land and the improvements built on it.

Land value generally reflects the underlying parcel, while building value represents the structures located on the property.

Together, these values help form the property's total assessment record.

Reviewing these records can help homeowners better understand the information used in the assessment process.

AIDOTAX helps homeowners organize official assessment records and comparable property information before preparing an assessment review.