Generally, it does not include the site value. Insurable value – is the value of real property covered by an insurance policy.The mass appraisal process applies the data collected through various sources to real property to determine taxable value Ad Valorem Tax Value – Is the value used for taxation purposes and is determined by the collection of data through the mass appraisal process.Investment value – the value of an asset to the owner or a prospective owner for individual investment or operational objectives. ![]() International Valuation Standards (IVS) define: Differences between the investment value of an asset and its market value provide the motivation for buyers or sellers to enter the marketplace.
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