Contributory Value

Contributory Value

In real estate, a portion of the land or the improvements on it that increases its value. For example, the contributory value of the mother-in-law suite in a back yard may increase the value of a home by $25,000.
References in periodicals archive ?
The estimated value will also not include personal items, furnishings, or other found to not have contributory value found typical in valuing similar type units.
While often considered in typically real property valuation settings, it is also properly applied in many other appraisal assignments where real estate contributory value and earning power is an important element of overall value, whether of equity, total invested capital or a financial interest.
Another type of scenario occurs when selling a tract of land separately adversely affects the value of the remainder, but the contributory value of this area more than offsets the diminution in value to the remainder.
It's also helpful to get the appraiser data and separate non-gross living areas and ensure you're making the adjustments in the correct spot and at the right dollar amount for its particular contributory value.
Building on that work, authors Culp and Marlow evaluate the pros and cons of the conservation mechanisms that are currently available to state trust land management agencies, including conservation sales and leases through easements or outright fee-simple purchases, contributory value and nonmonetary value, ecosystems services markets, and land tenure and exchange.
This approach will enable us to more clearly demonstrate the contributory value of automation and drive technology to our customers in the context of their immediate challenges, whilst passing on the benefit of a broad supply base and the potential for best practice sharing.
Currently, the contributory value of a home's green features is rarely part of the equation.
The laws concerning mineral rights taxation only refer to severed rights and do not address the contributory value of mineral rights production to property where there is single ownership of surface and mineral rights.
The ASB noted that this language does not recognize the possibility of a different contributory value under certain circumstances.
This is embedded in an extensive discussion of intrinsic and extrinsic value and also instrumental and contributory value, which are held to be the two species of extrinsic value.
Raphael sought to bar IDOT's appraiser from testifying, alleging the appraiser failed to consider the contributory value of the improvements located on the remainder when she valued the part taken and that she used different comparable sales to value the whole property and the part taken.