City of Clarksdale v. Stuart

This is a companion case to the City of Clarksdale v. Mrs. G. T. Fitzhugh, Miss., 185 So. 587.

In an appeal from the assessing authorities it is competent for the property owner to testify as to the price of the property, or its value which the property owner would be willing to accept should he wish to sell, and which a buyer, ready and able to buy, would find reasonable. The statute, for assessing purposes, requires the owner to value his property on this basis. While the testimony of the owner in such matters is not conclusive, it is admissible.

In valuing property such as real estate a…