What determines property value?

Answer Property value is determined by several characteristics including the condition and location of the property. Several economic factors can also help determine the value of property. A home situated... Read More »

Top Q&A For: What determines property value

Who determines the rate of inflation for Michigan property taxable value?

The Tax Analysis Division of the Michigan Department of the Treasury determines the rate of inflation. The data used are obtained from the Bureau of Labor Statistics and are based on U.S. consumer... Read More »

What determines the value of money?

Government policies and market forces combine in the global economy to determine the value of money. Value is also influenced by the actions of governments and economies of other nations.FiatIn mod... Read More »

What determines the value of currency?

The value of currency is based on the market forces of supply and demand. Each market force impacts currency's value in different ways. In addition to supply and demand, other factors manipulate th... Read More »

What is the difference betweeb assessed value and fair market value on property tax statements?

The assessed value of a home is used to levy property taxes. It is determined by averaging the data from neighborhood studies, sales transactions and inspections, according to the city of Milwaukee... Read More »