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Flashcards in Land Analysis Deck (19):
1

PROPERTY VALUE: COMPARISON METHOD

also market approach
compare with similar properties; most accurate

2

PROPERTY VALUE: RESIDUAL METHOD

also: income approach
in a highly developed area with no similar properties; consider value of land and income from the highest and best use

3

PROPERTY VALUE: ALLOCATION METHOD

deduct value of sie improvements from a property to determine value of land

4

PROPERTY VALUE: DEVELOPMENT METHOD

estimate development costs, time, and selling price of lot and net sale price

5

SURVEY: PRELIMINARY

shows existing conditions for development of plans

6

SURVEY: CONSTRUCTION

describe precise conditions of site development

7

SURVEY: POSESSION

record of completed development (site improvements and structures

8

LAND SURVEY

shows parcels for development

9

TOPOGRAPHIC SURVEY

natural and man-made features with elevations

10

ROUTE SURVEY

civil engineering - for roads or utilities

11

HYDROGRAPHIC SRVEY

shows bodies of water for navigation, water supply, or water-related construction

12

CITY SURVEY

locate property lines and improvements, show physical features

13

AERIAL SURVEY

photos

14

CONSTRUCTION SURVEY

locate building with precise markers

15

SWAMP

wetland with permanent inundation and hummocks of dry land

16

SWALE

elongated depression that is seasonally wet but does not have flowking water, usually vegetated

17

DETENTION POND

low area to hold runoff temporarily for slow drainage

18

RETENTION POND

designed to hold a certain amount of water indefinitely

19

1 acre

43,560 sq ft