The combining of several smaller contiguous land lot to make a larger, more useful and valuable piece.
The increase in value of a plot of land created by the assembling of small parcels into one ownership.
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.
The increase in value from the process of assemblage (joining several adjacent parcels to form a larger parcel). PMI - See Mortgage Insurance.
The consolidation of several parcels of land into one, resulting in greater utility and consequent higher value.
The act of acquiring a number of smaller, adjacent parcels to create one larger, more useful plot of land.
The increase in value or utility result ing from the consolidation (assemblage) of two or more adjacent lots into one larger lot. ( See assemblage )
The increase in value which one large parcel of land enjoys over and above the sum of the values of lots standing alone.
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.
Creating plottage value of land by assembling small, adjacent parcels of land into a larger, more useful parcel.
The merging or consolidating of adjacent lots into one larger lot, with the consequent result of improved usability and increased value; also called assemblage.
It is when two or more lots are joined together to increase the value beyond the value of the individual lots.