Which option is one of the five basic units of comparison in land appraisal?

The concept of front foot is integral to land appraisal as it provides a standardized unit of measurement for evaluating the size and value of a parcel of land, particularly in urban and suburban environments where properties often have a street frontage. The front foot method quantifies the value of property based on its linear footage along a street, which is particularly significant for commercial properties or residential lots where location and visibility can impact overall value.

Using front foot as a unit of comparison allows appraisers to assess the market value of properties consistently and comparably. This method considers factors like accessibility, visibility, and the surrounding area’s characteristics, making it a practical choice in the appraisal process.

In comparison, while property value, market demand, and land use category are important concepts in real estate and appraisal, they do not serve as direct units of measurement in the same way that front foot does. Property value is the end result of appraisal, market demand relates to buyer behavior, and land use category pertains more to zoning and classification rather than measurement. Thus, front foot stands out as a fundamental unit of comparison specifically utilized in the assessment of land value.