What is the primary focus of the comparative unit method in land appraisal?

The comparative unit method in land appraisal primarily focuses on stratification by market area and zoning. This approach allows appraisers to analyze properties within similar geographic areas and zoning classifications, ensuring that the comparisons made are relevant and reflective of the local market dynamics. By categorizing properties based on their location and zoning, appraisers can derive value estimates that consider variations in land use regulations, property types, and market demand specific to those areas.

Stratifying properties in this manner aids in identifying comparable sales that are indicative of the market value of the subject property. This method is integral in real estate appraisal, as it helps ensure that the data used for comparisons is consistent and pertinent, thus leading to more accurate valuation outcomes. The emphasis on market area and zoning allows the appraiser to account for significant factors that influence land value, such as access to amenities, infrastructure, and other local characteristics that may impact desirability and pricing.