Join our investing community

Unimproved Capital Value

Discussion in 'Investing Glossary' started by Glossary, 28th Sep, 2006.

  1. Glossary

    Glossary Active Member

    12th Sep, 2006

    The value of a block of land, if no structural improvements had been made.

    The Unimproved Capital Value is typically used by State Revenue Offices to determine the amount of Land Tax to be paid on a parcel of land. The valuation is usually performed by a government body such as the valuer-general.

    Also known as:
    • Land Value
    • UCV