But what about when there is no comparable houses?
Taxes are based on value.
Value is based on what it can sell for.
Sell for is judged by looking around the block and seeing what other houses with the same approximate construction, same condition, yadda yadda yadda, have sold for in the last few months.
But in this case if an entire neighborhood is empty, with no slaes history, how could anyone judge what the house is worth?
