W. Va. Code R. § 110-1H-7
Appraised Value of Timberland
The appraised value per acre of timberland shall be determined based upon market comparables and shall be estimated by the county assessor. There are at least five (5) various timberland rates based on the timberland classification schedule described in Appendix 1 of this rule. Assessors shall tri-annually review and grade these non-managed timberland properties in order to assign the proper rate per acre to the property. The rate per acre shall be established by the assessor in conformity with requirements of subsection 2.2 of this rule.
Amendment history
4/28/2026
Source: view the official text
Nearby sections (21 sections)
- 110-1A-1 · General
- 110-1A-2 · Valuation Rule
- 110-1H-1 · General
- 110-1H-2 · Introduction
- 110-1H-3 · Definitions
- 110-1H-4 · Classification of Timberland and Managed Timberland
- 110-1H-5 · Valuation of Farm Wood Lots
- 110-1H-6 · Timberland Improvements
- 110-1H-7 · Appraised Value of Timberland
- 110-1H-8 · Valuation of Less Than 10 Acres
- 110-1H-9 · Harvest Volumes Per Acre
- 110-1H-10 · Appraised Value Per Acre of Managed Timberland
- 110-1H-11 · Procedure for Determining Value Per Acre of Managed…
- 110-1H-12 · Capitalization Rate
- 110-1H-13 · Summary of Method of Determining Appraised Value
- 110-1I-1 · General
- 110-1I-2 · Introduction
- 110-1I-3 · Definitions
- 110-1I-4 · Valuation Methods
- 110-1J-1 · General
- 110-1J-2 · Introduction