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When lot size increases in depth, the value of:

  1. Square footage increases.

  2. Square footage and front footage, as a unit, decreases.

  3. Front footage decreases.

  4. Front footage increases.

The correct answer is: Square footage increases.

When the lot size increases in depth, it leads to an increase in square footage. This is because square footage is calculated by multiplying the width (front footage) of the lot by its depth. As the depth increases while the width remains the same, the total area of the lot, which is represented as square footage, also increases. Front footage refers specifically to the width of a lot that directly fronts a street or access way. In this scenario, increasing the depth of the lot does not affect its front footage unless there are changes to the width. Therefore, while the total area increases, front footage remains unchanged as there has been no alteration to the lot's width. Understanding that square footage is a function of both dimensions reinforces why the increase in depth leads to a proportional increase in area, validating the answer.