Property Valuation
The 'land residual technique' in Kansas appraisal is used to:
ADetermine the land value from raw sales data
BEstimate land value by deducting the value of improvements from the total property value✓ Correct
CAssess land for tax purposes only
DCalculate land value using aerial photography
Explanation
The land residual technique subtracts the estimated value of the improvements (buildings) from the total property value to determine the residual value attributable to the land.
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