Property Valuation
Plottage refers to the increase in value that results from:
AAdding improvements to an existing property
BCombining two or more adjacent parcels into a single, larger parcel✓ Correct
CDividing a large parcel into smaller lots for sale
DRezoning agricultural land for commercial development
Explanation
Plottage (or assemblage) is the process of combining two or more adjacent parcels, and plottage value is the increment in value created by the assemblage. The combined value may exceed the sum of the individual parcel values because a larger parcel may be more useful.
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