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

Property deriving at least 75% of the income from personal residences. ...

Insurance contract providing coverage for risks primarily associated with negligence and acts of omission associated with third-party injuries or property losses. Property and casualty ...

A method of brick construction where the bricks are laid with their sides facing outward. ...

Right to property depends on some occurrence. ...

What a piece of property could be sold for on the market. ...

Clause in a percentage lease permitting the landlord to cancel a lease and recover the property if the tenant's sales fall below a specified level. Clause in a lease permitting the ...

Reduction in taxes payable to the IRS or local government. A tax credit is more beneficial to the taxpayer than an itemized deduction because it reduces taxes on a dollar-for-dollar basis. ...

The bonus depreciation definition refers to a tax incentive that allows a business to accelerate the depreciation deduction in the year when the asset is purchased and placed into use. The ...

When the return on borrowed funds exceed the after-tax interest cost. It is profitably using other people's money. ...

Popular Real Estate Questions