In the riverfront example, river frontage accounted for approximately what percent of value?

• A. 10%
• B. 40%
• C. 60%
• D. 80%

Answer: (B)

Frontage value is the portion of a property’s total value that comes from its water-adjacent location—the premium buyers pay for river views, access, and the desirability of being on the water. In the riverfront example, the waterfront frontage accounts for about 40% of the total site value, with the remaining 60% derived from the other site characteristics such as depth, shape, buildable area, and utility access. This shows that while riverfront features add a meaningful premium, the majority of value comes from the broader attributes of the site. When allocating value in this context, the 40/60 split helps illustrate how much of the value is attributable to frontage versus the rest of the parcel’s qualities.