Valuation - Connecting Sites

[albanga]

Quick question,
If you own 2 connecting sites under your name but on seperate titles, can you have them valued together as 1?

Example - I own a hous in an inner city suburb and next door is a small lot with a tiny house that needs demolishing.
If I purchased that site it would allow for a premium sized lot for that suburb making it significantly more valuable (zoned mixed).

 

[Shahin_Afarin]

zwei titles - zwei valuations

 

[Madjack]

The valuer would consider the highest & best use of the properties, whether on a combined or individual basis

 

[albanga]

Shahin not sure what that means?

 

[Corey Batt]

Sprechen sie auch deutsch?

zwei = two in german.

Each title gets it's own valuation.

 

[jonmardell]

on a residential lending basis they would do 2 valuations and value them independently. On a commercial lending basis this may be different.

Quick question,
If you own 2 connecting sites under your name but on seperate titles, can you have them valued together as 1?

Example - I own a hous in an inner city suburb and next door is a small lot with a tiny house that needs demolishing.
If I purchased that site it would allow for a premium sized lot for that suburb making it significantly more valuable (zoned mixed).