Those additions to Raw Land such as buildings, streets, sewers, etc., tending to increase value.
Example: A hypothetical example of how improvement costs may affect property and land values is shown in Table 26.
Table 26 Improvement Costs
Cost of Total property Value
Improvement improvement value of land
None $†††0 $ 5,000 $† 5,000
Curbs, drainage, & utilities 15,000 25,000 10,000
House 200,000 250,000 50,000
Apartment building 1,000,000 1,300,000 300,000




