Property Valuation
Plottage value in Virginia appraisal refers to:
AThe value added when two or more adjacent parcels are combined into one larger parcel✓ Correct
BThe value of the land only, excluding improvements
CThe value lost when a property is subdivided
DThe increment of value attributable to location
Explanation
Plottage (or assemblage value) is the increment of value created when two or more adjacent parcels are combined into a single, larger parcel, which is often worth more than the sum of the individual parcels.
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