Property Valuation
In Florida real estate, 'plottage value' refers to:
AThe additional value created when combining two or more adjacent parcels into one larger parcel✓ Correct
BThe decrease in value from over-improvement
CThe assessed value per square foot of a plot
DThe value of a plot within a planned unit development
Explanation
Plottage value (or assemblage value) is the additional value created when two or more adjacent properties are combined into a single larger parcel. The combined value often exceeds the sum of the individual parcels' values.
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