landpricing
nounUK /ˈlændˌpraɪsɪŋ/
US /ˈlændˌpraɪsɪŋ/
The way people decide how much money a piece of land costs.
The town studied landpricing before building the new park.
RELATED WORDS
OTHER MEANINGS
2. The process of setting prices for plots of land being sold.
Landpricing for the empty lot near the river went up last year.
3. A system or method used to estimate what land is worth.
The company uses a simple landpricing model for farms.
4. The study of how land prices change over time.
She wrote a report on landpricing in growing cities.