Property Valuation
In Idaho, what does 'plottage value' refer to in real estate appraisal?
AThe value of a surveyed plot
BThe additional value created by combining two or more parcels into a larger, more productive parcel (assemblage)✓ Correct
CThe value of a lot in a subdivision
DThe value added by planting and landscaping
Explanation
Plottage (assemblage increment) is the additional value created when two or more parcels are combined into a single larger parcel. The combined parcel is often worth more per acre than the individual parcels.
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