Which of the following factors would typically lead to an increase in property value assessment?

The presence of nearby new development, such as parks or schools, tends to create a more desirable living environment and can significantly enhance property values. When amenities like parks and schools are introduced, they often increase the attractiveness of the neighborhood to potential buyers, which can lead to higher demand for properties in the area. With increased demand, property prices generally rise, resulting in increased property value assessments.

In addition to this, such developments can also signal community growth and investment, which further bolsters confidence in property values. Improved infrastructure, enhanced community services, and overall better living conditions associated with new developments contribute to a positive perception of an area, all of which positively impact property values.