What is the primary method for determining the site value using front foot calculations?

The primary method for determining the site value using front foot calculations involves taking the sum of the front foot cost and the existing site value. This approach simplifies the appraisal process by allowing assessors to calculate the value of land based on its linear measurement along the street or frontage.

Front foot valuations are a common practice since they provide an efficient means to assess properties in urban areas where lot frontages can significantly impact value. By aggregating the cost per front foot with the foundational value of the site, assessors can more accurately represent the property’s worth, especially when considering factors like location, zoning, and usage.

This is particularly relevant in situations where market conditions affect land prices based on frontage accessibility and desirability. The other options do not comprehensively account for both the cost of the front footage and the site value itself, making them less suitable for accurately determining site value.