ACRES & ACREAGE LLC.
Compare the sales prices of similar properties in the same area. It's important to understand why the land is worth what it is. Comparing the acreage, location and other factors will help land buyers understand your pricing point.
Use A Comparable Sales Approach
Tip 1
There are many factors that go beyond the acreage and location that affect the value of raw land. Things such as utility access, soil composition, topography, presence of water features, wooded or grassy areas, and road frontage significantly change what a property is worth.
Cost Approach
Tip 2
One thing to take into consideration is the importance of knowledge and experience in the industry hiring a land appraiser can offer a great idea of what your land can and would sell for. Land appraisers and land buyer like Acres & Acreage can offer great insight into what problems you should expect with your property and how to fix them.
Consider Hiring A Professional
Tip 3
Acres & Acreage LLC looks forward to helping you through the process of buying and selling your land. Below are key steps to take as a land owner to understand the value of your property