{"id":6346,"date":"2018-02-22T03:07:51","date_gmt":"2018-02-22T03:07:51","guid":{"rendered":"http:\/\/www.realestatewords.com\/?page_id=6346"},"modified":"2023-11-27T15:41:21","modified_gmt":"2023-11-27T15:41:21","slug":"plottage-increment","status":"publish","type":"page","link":"https:\/\/www.realestatewords.com\/plottage-increment\/","title":{"rendered":"Plottage Increment"},"content":{"rendered":"

Plottage Increment Definition<\/h2>\n

A plottage increment is the increase in property value achieved from combining adjacent land parcels.<\/p>\n

Explanation<\/h2>\n

A plottage increment refers to the additional value<\/a> gained beyond the combined value of two properties that have been joined to create one larger property.<\/p>\n

When two (or more) smaller lots<\/a> are combined, their collective value can exceed the sum of their individual values, creating what is known as a plottage increment.<\/p>\n

This increase in value comes from the augmented development potential. This increase in value arises from the newfound potential and opportunities afforded by a larger, consolidated tract of land.<\/p>\n

Developers<\/a> and investors<\/a> strategically leverage plottage increments to optimize the use and profitability of land.<\/p>\n

The consolidated property often becomes more attractive to potential buyers or tenants<\/a> due to increased utility, better zoning<\/a> possibilities, or enhanced development potential.<\/p>\n

Understanding plottage increments is essential to real estate valuation and investment strategies.<\/p>\n

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