[HISTORY: Adopted by the Board of Assessors of the Town of South Hadley 10-23-2017. Amendments noted where applicable.]
Building lots, also known as prime sites, are valued by "base lot size," which is 43,560 square feet (one acre). Sites that are considered prime are those that are improved or potentially developable.
Any acreage over the base lot size is considered rear acreage or remaining land.
Remaining land is valued per acre as excess residual land. This land pricing unit remains unchanged at $3,500 per acre. Additional conditions may be applied to this pricing on a case-by-case basis to recognize any detriments or enhancements to the excess land.