It helps in assessing the value of the property and prevents you from wasting time showing properties that don't match what your buyer is looking for. (remonline.com)
In assessing the value of real estate for property tax purposes, there are 3 standard approaches that are employed. (irs.com)
The tax rate begins at 0.5 % of taxable assessed value for 2018 and rises to 2 % starting in 2019. (loanbox.ca)