noun
- the area of a plot of land
- the increased value of land when multiple adjacent plots are combined into a larger parcel
Usage: real estate; technical
Usage: real estate; technical
Examples
- The developer calculated the total plottage before submitting the construction proposal.
- The plottage of the residential lot was sufficient for building a large home.
- By combining three small lots, the investor hoped to benefit from plottage value.
- The real estate appraiser considered plottage when determining the property’s worth.
- The city planning department required accurate plottage measurements for the zoning application.