| ▲ | ancillary 3 hours ago | |
Is "land value" the right term here? The NYC example uses assessed property value, which I think is a function of both the land under a property and the building itself. In that case, these "taller means more valuable" graphics are at least partially reflecting the fact that a tall building is probably more valuable than the short one next to it? | ||
| ▲ | svcphr 3 hours ago | parent | next [-] | |
Land and "improvements" are assessed separately, and I believe this is plotting just the assessed land values. In the small text about each map, it says to use the settings to switch to full assessed value or improvements. But still, it's very hard to actually assess land value in an area like Manhattan where there are basically no land-only transactions | ||
| ▲ | francisofascii 3 hours ago | parent | prev [-] | |
It is a good question. The author seems to use the field "assr_land_value", and there is also an "assr_impr_value". So it very well may be correct. | ||