A rectangular lot is 100 feet wide and 150 feet deep. Required setbacks are 25 feet front, 20 feet rear and 10 feet on each side. Based only on these setback limits, what is the maximum rectangular building envelope?
Correct Answer
C) 8,400 square feet
The available width is 100 − 10 − 10 = 80 feet and depth is 150 − 25 − 20 = 105 feet. Their product is 8,400 square feet. This is the setback envelope only; coverage, height, parking or other rules may impose additional limits.
Why This Is the Correct Answer
Option C is correct because the buildable width is 100 − 10 − 10 = 80 feet and the buildable depth is 150 − 25 − 20 = 105 feet. Multiplying gives 80 × 105 = 8,400 square feet.
Why the Other Options Are Wrong
Option A: 15,000 square feet
Option A, 15,000 square feet, is the full lot area: 100 × 150. It ignores all setbacks; the envelope is 80 × 105 = 8,400 square feet.
Option B: 10,500 square feet
Option B, 10,500 square feet, deducts only the front and rear setbacks: 100 × 105. Both 10-foot side setbacks must also come off the width, giving 80 × 105 = 8,400 square feet.
Option D: 12,000 square feet
Option D, 12,000 square feet, deducts only the side setbacks: 80 × 150. The front and rear setbacks reduce depth to 105 feet, giving 8,400 square feet.
Two sides, front, rear
Width loses both side yards; depth loses the front and rear yards. Multiply what remains.
How to use: Use this checklist so no setback is left out of an envelope calculation.
Exam Tip
Remember that side setbacks apply on both sides. Many wrong answers forget one dimension's deductions.
Common Mistakes to Avoid
- -Deducting only one side setback
- -Using gross lot area as the buildable area
- -Ignoring other zoning limits beyond setbacks
Concept Deep Dive
Analysis
This question tests calculating a building envelope from setback requirements. Subtract both side setbacks from the width and the front and rear setbacks from the depth, then multiply. Missing any setback overstates the envelope.
Background Knowledge
Zoning regulations commonly include setback, height, coverage and density requirements. The setback envelope is the area within which a building may be placed. Other rules may limit development further, so the envelope is a maximum footprint under setbacks only.
Real-World Application
An appraiser analyzing highest and best use for a vacant lot reviews local setbacks to estimate the maximum building footprint. She then checks coverage and parking rules that may reduce it further.
More Land/Site Questions
How should an appraiser account for a site's access to public sewer compared with competing sites that require septic systems?
Which fact, if supported by competitive-market evidence, most directly supports a unit-price premium for an otherwise comparable site?
A rectangular site's frontage is doubled while its depth is halved, keeping area constant. What is the likely value effect in a retail district?
A downtown site's zoning height limit is reduced from six stories to three. Buyers in this market had been paying for six-story development potential. What effect on land value is most supportable?
A zoning change increases permitted density from four to eight units per acre. What is the likely effect on site value?
Using the allocation method, market evidence supports a typical land-to-total-property-value ratio of 28% for similar improved properties in the subject’s location. An improved comparable sold for $825,000. What land (site) contribution is indicated by applying that ratio?
An appraiser is valuing a vacant site near a landfill. A similar vacant site that is not affected by the landfill sold for $480,000. Paired land sales indicate that proximity to the landfill lowers site prices by $70,000. No other adjustments apply. What is the indicated value of the subject site?
An appraiser is extracting site value from a $600,000 cash sale. The seller's records show an original construction cost of $250,000 and a depreciated book value of $110,000. The appraiser estimates current replacement cost new at $400,000 and accrued depreciation from all causes at $100,000. What is the indicated site value?
Three parcels assembled under single ownership (standard appraisal guidance assemblage) support separate as-is values of $290,000, $340,000, and $250,000. After assemblage for a higher-utility use, the combined site is valued at $1,050,000. Assemblage costs (demolition, legal, holding, and related) total $55,000. What is the indicated net plottage (plottage increment after assemblage costs)?
A comparable commercial site with 65 front feet sold for a cash-equivalent price of $585,000. Per standard appraisal guidance, sale price per front foot is a vacant-land unit of comparison when frontage is a primary value determinant. The subject site has 72 front feet and is otherwise similar. What indicated land value does the front-foot unit support before other adjustments?
People Also Study
Real Estate Market
13.6% of exam
Property Description
11.8% of exam
Sales Comparison Approach
16.4% of exam
Cost Approach
13.6% of exam
Income Approach
8.2% of exam
Previous Question
In a market where land represents 25 percent of value, a property sold for $480,000. What does allocation indicate for the site?
Next Question
A commercial use was lawful before residential-only zoning was adopted. Local rules preserve it, and no abandonment or termination condition has occurred. What is its status?
