Property Valuation
Plottage value in real estate refers to:
AThe additional value created when adjacent parcels are assembled into one larger parcel✓ Correct
BThe value of a corner lot
CThe value reduction from an irregular lot shape
DThe value of mineral rights on a property
Explanation
Plottage (or assemblage value) is the additional value created when multiple smaller parcels are combined into a larger parcel. The combined value typically exceeds the sum of the individual parcel values.
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