Meaning & use
Plottage
Last updated
The added value created by combining two or more adjoining parcels of land into a single, larger, more usable lot.
See it in a sentence
Assembling three narrow lots created significant plottage value for the developer.
The appraiser factored in plottage when valuing the combined properties.
A note on using this word
A specialized term in real estate appraisal, reflecting that a larger contiguous parcel is often worth more than the sum of its separate parts.
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