Property Valuation
What is the plottage (assemblage) increment in Nevada real estate appraisal?
AThe value added to a property by planting desert landscaping
BThe increase in total value resulting from combining two or more adjacent parcels into one larger parcel with greater utility or development potential✓ Correct
CThe decrease in value caused by neighboring development
DThe incremental increase in assessed value each year
Explanation
Plottage (or assemblage increment) is the increase in total value that results when two or more adjacent parcels are combined into one larger tract. The combined parcel often has greater development potential than the sum of its parts, resulting in value greater than the individual parcels combined.
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