What water lot valuation technique is this

Reference no: EM133655014

Question: A property consisting of both water lot and upland sold recently for $250,000. Based on comparable upland sales and other data, the upland portion of the sale was valued at $220,000. Therefore, the water lot portion of the subject sale was calculated to be $30,000. What water lot valuation technique is this? (1) Land residual method (2) Utility method (3) Zoning method (4) Extraction method

Reference no: EM133655014

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