California Real Estate Practice Exam

What is the effect on front footage value when the depth of a lot increases?

1. It increases.

2. It decreases.

3. It stays the same.

4. Both increase.

The correct answer is: It increases.

When the depth of a lot increases, the front footage value typically increases. Front footage refers to the value assigned based on the length of the property that borders the street or access point. This value is primarily influenced by the location, visibility, and accessibility of the property. As the depth increases, the overall usable area of the property expands, which can enhance its appeal and market value, especially if it allows for additional construction or desirable uses. Increased depth can provide more options for potential development or landscaping, ultimately making the property more attractive to buyers. In many real estate markets, this can lead to a higher valuation of the property on a per-front-foot basis, because buyers may be willing to pay more for the increased potential that comes with a deeper lot. It is important to note that in some specific markets or situations, the relationship may vary, but generally, an increase in depth is considered a positive factor in determining front footage value.