How does the zoning of a property under the SA Planning and Design Code affect its valuation?
Correct Answer
D) It sets the permitted and envisaged uses, which shape highest and best use and 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.
Why This Is the Correct Answer
The zone under the Planning and Design Code sets which uses are permitted and envisaged on the land. Those uses determine the property's highest and best use, which in turn drives what buyers will pay.
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