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Blog Entries by James Siebers

Valuing Retail Buildings for Real Estate Assessment Purposes

Go With the Cost Approach for Best Results

James Siebers    |    Property Valuation

Tax Bill

Recently, several national chain retailers have attempted to get their property assessments and taxes reduced based on the assumption that the buildings out of which they operate should be valued by comparing them to vacant or “dark” buildings, or buildings that are used for a different, less valuable purpose than what they were intended for. The retailers argue they should...