Q&A: How to find the value of a block of land to reduce it from the building value?

Question by Susantha: How to find the value of a block of land to reduce it from the building value?
I am in Winnipeg Canada.I want to reduce fair market value for the land to calculate depreciation value of the existing building for taxation purposes.What are the available sources to calculate that?

Best answer:

Answer by Don’t Be Happy, Worry!
http://realestate.about.com/od/knowthemath/qt/rent_depreciate.htm

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