Property Valuation
Plottage value refers to the increased value resulting from:
AZoning a property for a higher use
BCombining two or more adjacent parcels into one larger parcel✓ Correct
CImproving the physical condition of the property
DComparing sales of similar properties
Explanation
Plottage (or assemblage) value is the increment of value created when two or more adjacent parcels are merged into a single, larger parcel. The combined value of the merged parcel typically exceeds the sum of the individual parcels' values.
Related California Property Valuation Questions
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