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PabloCruz · August 11, 2020 at 8:48 am
The Plains home, 61 acres sell for 2.1 million.
According to Fauquier Real Estate online-(just looking at land in easement here) 60.4 acres in VOF easement, valued for tax purposes at $16,700 or $276.49/acre.
By comparison and from this same article;
8621 Harrison Ct. Marshall, VA (Marshall Townhouse SEC D)
0.0275 acres, valued for tax purposes at $60,000 or $2,181,818/acre.
The $2.1 million home is taxed at 23% of its market value.
The $175,000 townhouse is taxed at 90% of its market value.
There is a logical argument to be made for taxing density at a higher level.
But this is beyond reasonable, and it is not sustainable.