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New definition of dwelling site:
In § 24.2(a)(11) a land area that is typical in size for similar dwellings located in the same neighborhood or rural area.
Reason - to clarify what to look for when looking for comparable properties, what to compare the displacement dwelling to.
With regard to computation of a replacement housing payment, one new and two revised definitions are related to the computation process. The new definition in § 24.2(a)(11) for a dwelling site complements the guidance provided for residential carve outs. For additional information, see Appendix A, § 24.2(a)(11).
EXAMPLE: A dwelling is located on a site of ten acres. The typical residential sites in the area are one acre. Therefore, one acre would be the "dwelling site".