Property Valuation
Plottage value is created when:
AA property is subdivided into smaller lots
BMultiple adjacent parcels are combined into one larger parcel, increasing value✓ Correct
CA property is rezoned to a more intensive use
DA property is improved with a new structure
Explanation
Plottage (assemblage value) is the increase in value that results from combining two or more adjacent parcels into one larger parcel. The combined value often exceeds the sum of the individual parcels' values.
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