Figure 4. — Young Saw Timber 



RECOMMENDED APPRAISED 

 VALUE PER ACRE 



Title 32, Vermont Statutes Annotated, Sec- 

 tion 3481, as amended by No. 175 of the Acts of 

 1959, pertaining to definitions reads as follows : 

 " 'Appraisal Value' shall mean the esti- 

 mated fair market value of property. 

 'Listed Value' shall mean that proportion- 

 ate part of the appraisal value agreed upon 

 by the board of listers, and recorded with 

 the town clerk. Each town may determine 



the ratio of listed value to appraisal value 

 to be used in the town, but the ratio shall 

 be the same for both real and personal 

 property." 

 The values we are recommending are "ap- 

 praisal value" and NOT "listed value." The 

 range in values given is intended to cover the 

 variations in quality, accessibility, quantity and 

 other factors which affect the value within the 

 category. You will multiply the number of acres 

 by the rate per acre in the particular classifica- 

 tion applicable to the area being appraised to 

 determine "estimated fair market value." 



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