Monthly Archives: December 2023

Shown below is a graphic detailing the different levels of value and how we at Mercer Capital think about them in relation to fair value and fair market value. Asset owners may account for assets individually based on a projected…

For property taxes, market value is typically the primary basis for assessment. Local tax assessors evaluate market conditions and comparable sales to estimate the market value of real estate, directly affecting tax liability. If a property owner believes their property…