How does the zoning of a property under the SA Planning and Design Code affect its valuation?
Correct Answer
B) Zoning determines the permitted and envisaged uses, which directly influence the property's highest and best use and therefore its market value
Zoning under the Planning and Design Code (part of the PDI Act 2016 framework) determines what uses are permitted, which directly impacts a property's development potential, highest and best use, and consequently its market value.
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