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Hc Assebmlage Creating Excess Land

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ZZGAMAZZ

Elite Member
Joined
Jul 23, 2007
Professional Status
Certified Residential Appraiser
State
California
Assignment is a retrospective estate appraisal requiring a HC based upon the client's instructions to combine two parcels, one of which is developed with a SFR and an adjacent parcel that is vacant.

Once the hypothetical parcel has been created for the sake of the appraisal, is the treatment of "surplus" and "excess" land the same as if the larger hypothetical parcel actually exists? Ditto HBU?

If both parcel sizes are legal conforming, the resulting hypothetical assemblage will almost certainly result in a lot that can be split--into the current, existing lots--and that seems to defeat the purpose of the HC.

Maybe I'm over-analyzing this but as it happens far too often I'm confused (newbee forever).
 
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