ABSTRACT
Real estate assessment and property taxation have deep roots in Sweden. Real property assessment means a general valuation of the real property units using a model with data normally provided by the owner. The valuation models for farm buildings are based initially on the replacement costs for a corresponding building. For all assessment units other than agricultural units, the land value and the building value are determined together to give the total assessed value. Agricultural units are different in that they are given separate values for the site, farmhouse, farm buildings, agricultural land and forestry land which includes both forest and barren land. Forestry land is land which is suitable for timber production and which is not used to any large extent for other purposes. The dwelling on an agricultural unit is assessed in accordance with procedures used to assess single-family rural dwellings.
