I live in an area where most houses have an acre. Until a couple of years ago we all had the same assessment for the land portion . Starting a couple of years ago my land assessment went up higher than any neighbors since with my acre I have a little more waterfront. In this case I really doubt my value is higher from a sales point of view but they think it is and when I asked they said more waterfront higher value
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it's tough to make predictions specially about the future
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