Question

As the depth of the lot increased, the value per front footage

a. decreases
b. decreased, and then begins to increase
c. increases at a decreasing rate
d. increased in direct proportion to the depth.

Answer 1

Property value per front foot generally decreases as lot depth increases due to diminishing utility, but may follow a non-linear relationship where it could decrease and then increase.

Step-by-step explanation:

The question relates to how property value varies with the depth of a lot, which can be understood in terms of real estate appraisal or a related mathematics/geometry concept. In general, real estate value per front foot might decrease as the depth increases because the additional land at the back of the lot may be valued less than the land at the front due to accessibility and utility considerations. For some properties, this value might decrease and then begin to increase, following a non-linear relationship, especially if the additional depth adds significant value or utility at some point, such as allowing for additional construction or features.