Definition of "Plottage value"

Brenda  Dollar real estate agent

Written by

Brenda Dollarelite badge icon

Keller Williams Realty

The result of combining two or more parcels of land so that the one large parcel has more value than the sum of the individual parcels.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Administrator of estate is a term used in common-law jurisdiction for a person assigned a particular responsibility. The administrator of estate definition describes a court-appointed ...

Linear measurement of property abutting a road or water body acting as a boundary market. ...

A partition or wall that provides no support to the structure in which it is located. For example, a nonbearing partition or wall does not support any floors above it. A partition which ...

How many days, months, or years are required before a new building has the desired occupancy ratio. The occupancy rate influences the amount financial institutions are willing to lend. ...

An inlaid stone or wood flooring arranged in tightly fitting geometrical patterns. It is decorative and often more than one color. ...

report containing financial information about a business or individual. The required financial statements for a real estate company are balance sheet, income statement, and statement of ...

Unglazed and natural clay or shale machine extruded into ceramic tile. Quarry tile is often used for factory flooring. ...

Mortgage where the lender pays a borrower a fixed monthly payment based on the value of the property. It allows the borrower to receive monthly receipts against the equity in his or her ...

Money set aside to buy new assets when the older ones are no longer appropriate for the intended use. An example is when the landlord must replace a deteriorating and malfunctioning air ...

Popular Real Estate Questions