Lot Value

{
  "id": "MLC-T-ECS-001107",
  "term": "Lot Value",
  "field": "Economic statistics",
  "definition": "The lot value includes the value of the undeveloped land as well as grading, drainage, installation of gas and/or electric utility lines, water pipes or wells, sewage lines and/or septic tanks, sidewalks, curbs, gutters, driveways, retaining walls, etc.\n\nThis does not include outdoor amenities, such as fireplaces or swimming pools.",
  "references": [
    "U.S. Census Bureau Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/lot-value/"
}