The value of a piece of property, including both the value of the land itself as well as any improvements that have been made to it. Land values increase when demand for land exceeds the supply of available land, or if a particular piece of land has intrinsic value greater than neighboring areas (e.g. oil can be found on the land)Read more: Land Value Definition | Investopedia http://www.investopedia.com/terms/l/landvalue.asp#ixzz3o3beLyDd Follow us: Investopedia on Facebook
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