✏️Prompts

Land Value Segregation Analysis Prompt

Prompt

Separate land value from improvement value for valuation and tax planning.

[PASTE: Subject property, comparable land sales, replacement cost estimate]

Steps: 1) Research comparable vacant land sales 2) Calculate land value per sq ft or per acre 3) Estimate reproduction cost of improvements 4) Use cost approach: land + improvements = total value 5) Compare to market approach 6) Calculate improvement depreciation 7) Support tax basis allocation

Output: Land value estimate, improvement value, total property value, depreciation schedule.

Why it works

Land value segregation supports cost approach and tax depreciation deductions. Useful for appeals.

Watch out for

Vacant land comps may not reflect comparable location. Account for absorption and development costs.

Used by

Finance TeamsData Analysts