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Wow great post, thanks Marty! I guess that scenario is a bit different though as it refers to a granny flat built to the rear which from my understanding cannot be subdivided? So no matter what that will always remain on the title. In my scenario I am referring to a complete second dwelling...

Hi Qlds007, The 20% I do not think was a hard fast rule but more just an estimation. In your experience if you had to average out this scenario to a difference in valuation percentage then what do you think it would be? If you had 2 properties that on individual titles are worth 500k each...

Hey All, If you wanted to build before subdividing am I correct that the valuer will consider the combined values of the two properties and then deduct a percentage (say 20%)? If so then what other options are available that could allow you to begin construction without subdividing first...