Definition of "Depth tables"

Table demonstrating the relationship between the depth of a building lot form the street frontage and its market value. Street frontage is the greatest asset of a land parcel. The property value decreases as the distance from the street increases. Many deferent tables have been developed to measure the relationship between property depth and property value as a percentage of the front foot value of a standard lot

Comments for Depth Tables

Shirley Chapman Shirley Chapman said:

How is the depth factor figured for front foot assessment?

Aug 10, 2018  08:58:23

 
 
image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Highest amount a property is worth equal to the amount that would have to be paid to buy equivalent property in the market place. ...

Maximum interest rates a borrower might pay for an adjustable rate mortgage. It controls the amount of change in the rate when it adjusts. The first number is the maximum increase allowed ...

An affiliate of the National Association of Real Estate Boards, engaged in educational programs and publications for its members. Its publications include Real Estate Perspectives and Real ...

Prepayment to a landlord for refurbishing the unit beyond what would be anticipated from customary wear and tear. It is like a damage deposit. The security deposit may be refunded at the ...

Fee a borrower is assessed for the right to make a loan payment before the due date. An example is the prepayment charge for paying-off a mortgage early. ...

Partially amortized and requiring a lump sum (balloon) payment at maturity. ...

The amount of rent a property could command in the open market. See also market rent. ...

Right to enter and start construction or furnishing property that is in the process of being purchased. ...

The definition of cooperative housing is well known by real estate agents because they are often involved in the selling process, in most cases. Cooperative housing is a form of ...

Popular Real Estate Questions