Property Valuation
Which of the following is an example of 'plottage value' in South Carolina?
AA property declining in value due to a highway nearby
BTwo adjacent lots each worth $50,000 but worth $130,000 when combined✓ Correct
CA property increasing in value due to improvements
DA vacant lot gaining value from surrounding development
Explanation
Plottage value is the premium or increased value resulting from combining adjacent parcels. Two lots worth $50,000 each might be worth $130,000 combined because of greater development potential.
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