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Plottage

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Plottage is the increase in value realized by combining adjacent parcels of land into one larger parcel. The process of combining the parcels is known as assemblage.[1][2] Generally, the value of the whole parcel will be greater than the sum of the individual smaller parcels.[3]

Sources

  1. ^ "Plottage". Real Estate Definitions. Retrieved 2023-06-18.
  2. ^ "Word-of-the-Week: Plottage | firsttuesday Journal". Retrieved 2023-06-18.
  3. ^ Mastering Real Estate Principles. Cortesi. 2004.

External sources

Estimating assemblage value to help buyers and sellers


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