An agricultural appraisal lowers the taxable value of land. The lands agricultural valuation is based on its general capacity to produce crops, livestock, wildlife or timber rather than its value on the real estate market. In order to determine what the savings is for an ag exemption, you need to know the market value of the land and […]
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Agriculture Exemption (Ag Exemption)
An agricultural appraisal lowers the taxable value of land. The lands agricultural valuation is based on its general capacity to produce crops, livestock, wildlife or timber rather than its value on the real estate market. In order to determine what the savings is for an ag exemption, you need to know the market value of the land and […]
Continue Reading →