How does the availability of public sewer generally affect a residential site's value compared with requiring a septic system?
Correct Answer
A) It raises value by avoiding cost and area limits
Why this is correct: Public sewer service typically increases value by eliminating the need for a septic system, which requires suitable soil, periodic maintenance, replacement costs, and consumes usable land area for the drain field. Why the other choices are wrong: 'It lowers value because of the connection fees' is incorrect; any fees are usually offset by the long-term benefit. 'It has no effect where zoning permits either one' ignores market preference and cost differences. 'It matters only for commercial development sites' is false; it significantly affects residential value. Exam tip: Utility availability is a key site amenity affecting highest and best use and value.
Why This Is the Correct Answer
Why this is correct: Public sewer service typically increases value by eliminating the need for a septic system, which requires suitable soil, periodic maintenance, replacement costs, and consumes usable land area for the drain field. Why the other choices are wrong: 'It lowers value because of the connection fees' is incorrect; any fees are usually offset by the long-term benefit. 'It has no effect where zoning permits either one' ignores market preference and cost differences. 'It matters only for commercial development sites' is false; it significantly affects residential value. Exam tip: Utility availability is a key site amenity affecting highest and best use and value.
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Plottage value arises in which of the following situations?
Which of the following is an off-site improvement rather than a site improvement?
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