Property Valuation
In Hawaii, what is the 'plottage value' concept?
AA. The value contribution of a landscape/planting plan
BB. The increment in value when two or more parcels are assembled into one larger parcel worth more than the sum of the parts✓ Correct
CC. The value added by a new plot plan or survey
DD. The calculation used to value land in agricultural districts
Explanation
Plottage (assemblage) value reflects the premium created when combining smaller parcels into a larger, more usable tract, where the assembled whole is worth more than the sum of its parts.
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