How does the government determine the fair market value of my property?

Related FAQs

What is the difference between market value and fair market value?
How do I know if my property qualifies for eminent domain?
Can I receive payment for relocation costs?
What is the difference between eminent domain and condemnation?
What is the difference between market value and actual value?
What are the rights of the property owner during an eminent domain proceeding?
How do I prepare for an eminent domain proceeding?
Are there any restrictions on the type of property subject to eminent domain?
What is the compensation I can receive for my property?
Are there any restrictions as to how the government can use my property?

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