Property Valuation
Which of the following describes 'plottage value' (also called assemblage)?
AThe value created by subdividing a large parcel
BThe increased value created by combining adjacent parcels into one larger, more valuable parcel✓ Correct
CThe value lost due to environmental contamination
DThe added value from installing a fence
Explanation
Plottage value is the additional value created when two or more adjacent parcels are assembled (combined) into a single larger parcel—the combined value typically exceeds the sum of the individual values.
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