Definitions for "Plottage" Add To Word List
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The combining of several smaller contiguous land lot to make a larger, more useful and valuable piece.
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The increase in value of a plot of land created by the assembling of small parcels into one ownership.
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The process of assembling two or more parcels into one larger parcel of common ownership, resulting in greater total utility and/or value than the sum of each smaller parcel separately considered.
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The increase in value from the process of assemblage (joining several adjacent parcels to form a larger parcel). PMI - See Mortgage Insurance.
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The consolidation of several parcels of land into one, resulting in greater utility and consequent higher value.
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The act of acquiring a number of smaller, adjacent parcels to create one larger, more useful plot of land.
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The increase in value or utility result ing from the consolidation (assemblage) of two or more adjacent lots into one larger lot. ( See assemblage )
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The increase in value which one large parcel of land enjoys over and above the sum of the values of lots standing alone.
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A principle of valuation, stating that land values tend to increase when adjacent lots are combined into single ownership and put to a single zoning or use.
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Creating plottage value of land by assembling small, adjacent parcels of land into a larger, more useful parcel.
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The merging or consolidating of adjacent lots into one larger lot, with the consequent result of improved usability and increased value; also called assemblage.
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It is when two or more lots are joined together to increase the value beyond the value of the individual lots.
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