Homebuilding Glossary Topic

Land & Lots

The Land & Lots glossary covers lot acquisition, lot control, takedown structures, lot premium logic, and land planning decisions that determine whether a builder can scale profitably.

What is a lot premium?

A lot premium is the price add-on tied to lot position, view, orientation, size, or frontage beyond base home price.

What is a lot takedown?

A lot takedown is a scheduled lot purchase agreement between a builder and a land seller over defined time windows.