I agree that different factors cause some land to be more valuable than others.
I'd argue that the factors you've listed are relatively easy to factor into an appraisal.
Property taxes, in comparison, are really hard to compute. Each jurisdiction has different rules. There are different valuation methodologies. If you add a 2 car garage, what the useful life. What depreciation schedule should be used. How should inflation be accounted for.
I agree with your comment generally and am not sure what part of the original comment doesn't make sense to you.
EDIT: Reread my original comment and see your point now. I phrased the "easy" part too strongly. I mean "easy" in relative terms... compared to what's being done currently, but agree the wording wasn't great.
I'd argue that the factors you've listed are relatively easy to factor into an appraisal.
Property taxes, in comparison, are really hard to compute. Each jurisdiction has different rules. There are different valuation methodologies. If you add a 2 car garage, what the useful life. What depreciation schedule should be used. How should inflation be accounted for.
I agree with your comment generally and am not sure what part of the original comment doesn't make sense to you.
EDIT: Reread my original comment and see your point now. I phrased the "easy" part too strongly. I mean "easy" in relative terms... compared to what's being done currently, but agree the wording wasn't great.