Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail
Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail

Zero-Lot-Line House

What it is:

A zero-lot-line house is a house whose structure goes right up the edge of the property line.

How it works (Example):

Let's say John Doe buys a tiny tenth-of-an-acre lot and decides to build a house on it. The lot is 55 feet wide. In order to create more indoor living space (and because he has no interest in having a back yard), he builds a house that is exactly 55 feet wide so that he uses up all the space he has purchased.

A more common example of a zero-lot-line house, however, is a rowhouse. Common in large metropolitan centers, these houses are often on long, narrow lots and abut one another.

Why it Matters:

Zero-lot-line houses are great for people who do not want to maintain their properties or have outdoor living space. However, there is little buffer from the neighbors. When built in the wrong neighborhoods, they can create strife among people who are used to houses that have a "set back" or "building envelope."

Related Terms View All
  • Auction Market
    Though most of the trading is done via computer, auction markets can also be operated via...
  • Best Execution
    Let's assume you place an order to buy 100 shares of Company XYZ stock. The current quote...
  • Book-Entry Savings Bond
    Savings bonds are bonds issued by the U.S. government at face values ranging from $50 to...
  • Break-Even Point
    The basic idea behind break-even point is to calculate the point at which revenues begin...
  • Calendar Year
    If Company XYZ starts its fiscal year on January 1 and ends its fiscal year on December...