Subdivision Method of Land & Site Valuation

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

When is the subdivision method an ideal method to utilize?

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1. What does it mean when an assessor predicts highest and best use?

2. Which of the following is not a risk factor in the subdivision sale of land?

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About This Quiz & Worksheet

This quiz/worksheet assesses what you remember about using the subdivision method of determining the value of land and sites. You'll review your understanding of how to determine these values.

Quiz & Worksheet Goals

This quiz/worksheet offers the chance to see what you remember about:

  • When you might use the subdivision method instead of other methods
  • What the highest and best use value is
  • Risk factors involved with the subdivision sale of land
  • Determining the valuation of a property with the subdivision method

Skills Practiced

  • Information recall - see if you can remember when the subdivision method is useful
  • Knowledge application - use what you know to answer a question about the risk factors involved with the subdivision sale of land
  • Problem solving - use your understanding of the subdivision method to apply it to sample problems

Additional Learning

There is a deeper discussion of this topic in the lesson titled Subdivision Method of Land & Site Valuation. This lesson explains more about:

  • The four important factors that the subdivision method analyzes
  • Follow an example to understand how this method is applied
  • Common disadvantages of using the subdivision method
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